Custer Park, Will County, Illinois Property Taxes
Property Taxes in Custer Park, Illinois
Median Custer Park, Illinois effective property tax rate: 1.91%, significantly lower than the national median of 1.02%, and lower than the Illinois state median of 2.33%.
Median Custer Park, Illinois home value: $229,569
Median annual Custer Park, Illinois tax bill: $4,343, higher than the national median property tax bill of $2,400.
How are property taxes in Will County calculated?
Property taxes in Custer Park, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Custer Park's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Custer Park, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Custer Park, Will County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
1.91%
Estimate Property Tax Bill
$4,385
$4,069
How Does the Custer Park Property Tax Calculator Work?
Use this Custer Park property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Custer Park's median effective tax rate of 1.91% — based on actual property records in Will County — to generate your estimate.
Enter your property's estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Custer Park's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Custer Park: rates range from 1.91% in 60481 to 1.91% in 60481, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Custer Park.
About Custer Park Property Taxes
About Property Taxes in Custer Park, Will, Illinois
Custer Park’s median effective property tax rate of 1.91% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Will County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Custer Park. Homeowners in ZIP code 60481 carry a median effective rate of 1.91%, and the same ZIP also reflects the city’s median tax bill of $4,343. That bill is higher than the national median property tax bill of $2,400.
Custer Park homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Custer Park, Will County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Custer Park's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Custer Park Tax Rate
1.91%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Will County Tax Rate
2.67%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Custer Park, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | 1.47% | 1.79% | 1.91% | 1.98% | 2.03% |
Source: Ownwell
Property Tax Assessment Values Across Custer Park, Will County, Illinois
When examining property taxes in Custer Park, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Will County assessor estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Will County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Custer Park.
For example, the median home price in Custer Park is $229,569, with tax bills ranging significantly across the county. 60481 has the highest median home price at $229,569.
Property Tax Assessment Values Across Custer Park, Will County, Illinois
Source: Ownwell
$115,005
$343,131
$571,257
Median Custer Park Market Value
$229,569
Median Will County Market Value
$280,557
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Custer Park, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | $131,413 | $177,501 | $229,569 | $296,871 | $363,548 |
Source: Ownwell
Property Tax Bills Across Custer Park, Will County, Illinois
Property tax bills in Custer Park are based on the assessed value of a home, not its market price alone, and the local tax rate applied by Will County. When a home’s assessed value changes, the tax bill can rise or fall accordingly. Local taxing authorities use these assessments to fund public services, so homeowners ultimately pay a share of the area’s tax burden through their annual bill.
For Custer Park homeowners, the typical tax bill is $4,343, which is above the national median property tax bill of $2,400 and reflects a heavier local tax burden. With a median home price of $229,569, property taxes can represent a meaningful ongoing cost of ownership. Bills at the 25th percentile are $3,084, while the 75th percentile reaches $5,512, showing how much taxes can vary depending on a home’s assessed value and location.
Median Custer Park Tax Bill
$4,343
Median Will County Tax Bill
$7,585
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Custer Park, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | $2,143 | $3,084 | $4,343 | $5,512 | $7,193 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Will Tax Assessor | |
| Website | www.willcountysoa.com |