Property Tax & Income in Will County, Illinois
Will County has an effective property tax rate of 2.24%. On the median home value of $319,600, that's roughly $7,173 per year. Median household income is $109,984.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Will County | Illinois (state context) |
|---|---|---|
| Effective property tax rate1 | 2.24% | 1.80% |
| Median home value1 | $319,600 | — |
| State income tax3 | top rate 4.95% | top rate 4.95% |
| State sales tax3 | 8.98% combined | 8.98% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Will County, IL
In Will County, Illinois, the median home value sits at $319,600, and the median annual property tax bill comes to $7,173. That reflects an effective rate of 2.244%, which runs above Illinois's statewide median of 1.804% and well past the national figure of 0.794%. Among the state's 102 counties, Will County ranks 9th for property tax rate. For buyers weighing a move to Joliet or nearby Crest Hill and Shorewood, the tax load is a real factor in the monthly cost of ownership. A median household income of $109,984 helps offset that burden, though per-capita income of $47,516 shows the county's earnings are unevenly spread. Compared with cheaper-tax parts of Illinois, a buyer here pays a premium for the location, so budgeting for taxes alongside the purchase price matters.