Plainfield, Will County, Illinois Property Taxes

Name: Property Tax Bills Across Plainfield, Will County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Plainfield, IL effective property tax rate: 2.49%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Plainfield, IL home value: $278,241
Median annual Plainfield, IL tax bill: $7,025, $4,625 higher than the national median property tax bill of $2,400.

How are property taxes in Will County calculated?

Property taxes in Plainfield, IL 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 Plainfield’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Plainfield, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Plainfield, Will County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.49%

Estimate Property Tax Bill

$6,928

$6,429

Ownwell’s Plainfield Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Plainfield with just two data points. By entering your property's estimated assessed value, our calculator applies Plainfield’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Will County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Plainfield, Will County, Illinois

Local government entities have the authority to set tax rates, leading to significant variations within a state. Each county, including 17197, determines its required budget annually to provide essential services. This budget is then divided by the total value of all taxable property within the county, resulting in the property tax rate. Though votes and laws play a role in setting these rates and budgets, this is the core of the annual process.

In PLAINFIELD, located in Will County, IL, the effective property tax rate is part of a broader range seen across the state. The median tax rate in PLAINFIELD is 2.49%, which is notably higher than the national median property tax rate of 1.02%. Within Will County, the highest median tax rate is 2.54% in the 60544 zip code, while the lowest is 2.45% in the 60586 zip code. These figures highlight the diverse tax landscape within the county and state. Understanding these variations can help property owners make informed decisions about appeals and exemptions.

Property Tax Rates Across Plainfield, Will County, Illinois

Source: Ownwell

1.73%

3.67%

5.61%

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 Plainfield Tax Rate

2.49%

Median Effective Will County Tax Rate

2.62%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Plainfield, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60544	2.14%	2.40%	2.54%	2.62%	2.97%
60585	2.39%	2.50%	2.54%	2.58%	2.74%
60586	2.32%	2.41%	2.45%	2.56%	2.78%

Source: Ownwell

Property Tax Assessment Values Across Plainfield, Will County, Illinois

When examining property taxes in Plainfield, IL, 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 assessment office 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 April. 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 Plainfield. For example, the median home price in Plainfield is $278,241, with tax bills ranging significantly across the county. 60585 has the highest median home price at $358,320.

Property Tax Assessment Values Across Plainfield, Will County, Illinois

Source: Ownwell

$101,070

$390,154

$679,238

Median Plainfield Market Value

$278,241

Median Will County Market Value

$251,502

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Plainfield, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60544	$171,591	$212,888	$259,263	$334,482	$403,499
60585	$198,603	$296,181	$358,320	$432,990	$494,989
60586	$191,643	$235,293	$264,021	$307,101	$364,929

Source: Ownwell

Property Tax Bills Across Plainfield, Will County, Illinois

In Plainfield, located in Will County, IL, property tax bills are calculated based on the assessed value of a home, which is a percentage of its market value. The local tax rate is then applied to this assessed value to determine the annual tax bill. Homeowners in Plainfield face a median property tax bill that significantly exceeds the national median of $2,400, with amounts ranging from $5,686 at the 25th percentile to $10,887 at the 90th percentile. Factors influencing these tax bills include the property's location, size, and any applicable exemptions. Homeowners in the 60585 zip code experience the highest median tax bill at $9,156, while those in the 60586 zip code have the lowest at $6,550. These substantial tax bills can be burdensome, but Ownwell offers a solution. By providing expert property tax appeal and exemption services, Ownwell helps homeowners potentially reduce their tax liabilities, ensuring they only pay their fair share. This can result in significant savings, offering financial relief to homeowners.

Property Tax Bills Across Plainfield, Will County, Illinois

Source: Ownwell

$1,870

$11,744

$21,617

Median Plainfield Tax Bill

$7,025

Median Will County Tax Bill

$6,703

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Plainfield, Will County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60544	$4,029	$5,174	$6,639	$8,713	$10,432
60585	$4,881	$7,514	$9,156	$11,126	$12,943
60586	$4,683	$5,699	$6,550	$7,781	$9,154

Source: Ownwell