Monee, Will County, Illinois Property Taxes
Property Taxes in Monee, Illinois
Median Monee, Illinois effective property tax rate: 3.40%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Monee, Illinois home value: $262,839
Median annual Monee, Illinois tax bill: $8,551, $6,151 higher than the national median property tax bill of $2,400.
How are property taxes in Will calculated?
Property taxes in Monee, 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 Monee's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Monee, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Monee, Will County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3.4%
Estimate Property Tax Bill
$8,937
$8,293
How Does the Monee Property Tax Calculator Work?
Use this Monee property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Monee's median effective tax rate of 3.40% — based on actual property records in Will County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Monee's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Monee's property tax rate is higher than the Illinois median tax rate of 2.33%, and the median property tax bill is $8,551, which is $6,151 higher than the state median. Your bill may vary by ZIP code within Monee: rates range from 3.40% in 60449 to 3.40% in 60449.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Monee.
About Monee Property Taxes
About Property Taxes in Monee, Will, Illinois
Monee’s median effective property tax rate of 3.40% is higher 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 Monee. Homeowners in the 60449 ZIP code carry a median effective rate of 3.40%, while those in the same ZIP code pay 3.40%. This spread reflects how school district boundaries and local assessment districts are drawn across Will County. Understanding which part of Monee you live in can make a meaningful difference to your annual tax bill.
Monee 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 above 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 Monee, 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 Monee'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 Ă· 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 Monee Tax Rate
3.40%
Our median effective property tax rate (tax bill Ă· 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 Monee, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60449 | 1.82% | 1.97% | 3.40% | 3.68% | 3.76% |
Source: Ownwell
Property Tax Assessment Values Across Monee, Will County, Illinois
When examining property taxes in Monee, 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.
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 understanding how assessed and market values are determined, property owners can better navigate their tax responsibilities in Monee.
For example, the median home price in Monee is $262,839, with tax bills ranging significantly across the county. The median tax bill is $8,551, compared with the national median property tax bill of $2,400.
Property Tax Assessment Values Across Monee, Will County, Illinois
Source: Ownwell
$115,005
$343,131
$571,257
Median Monee Market Value
$262,839
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 Monee, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60449 | $178,462 | $213,156 | $262,839 | $400,102 | $502,633 |
Source: Ownwell
Property Tax Bills Across Monee, Will County, Illinois
Property tax bills in Monee are based on the assessed value of a home and the local tax rate set by taxing authorities in Will County. When a home’s market value changes, the assessed value can change too, which can affect the final bill homeowners receive. Local budgets for schools, roads, public safety, and other services also play a role in determining how much tax is collected.
With a median home price of $262,839, the typical property tax burden in Monee is significant. The 25th percentile tax bill is $6,968, while the 75th percentile is $10,211, and the 90th percentile reaches $12,579. The highest and lowest median tax bill reported is $8,551 in ZIP code 60449.
For homeowners, this means property taxes can take up a large share of housing costs compared with the national median property tax bill of $2,400. Understanding how the bill is calculated can help homeowners see why their taxes are high and what factors may be driving them.
Median Monee Tax Bill
$8,551
Median Will County Tax Bill
$7,585
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Monee, Will County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60449 | $5,497 | $6,968 | $8,551 | $10,211 | $12,579 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | July 1 |
Links | |
|---|---|
| Will Tax Assessor | |
| Website | www.willcountysoa.com |