1. States
  2. /Illinois
  3. /Will County
  4. /Elwood
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Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2024 (payable 2025)i

Source

Composite Ratei

6.62%–8.21%+1.2%YoY

Varies by school district

Municipal Portioni

0.2617%+5.5%YoY3.5% of total

Effective Ratei

2.21%–2.74%

Est. Annual Taxi

$5K–$6K

Median Home Valuei

$224,900

Total Leviedi

$353.8M

Tax Per Capitai

$390

Municipal Revenuei

$770K5.5% of total rev

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.54 U 209U
$0.43 E 17 (Will)
$0.32 H 204 (Will)
$0.27 E 203
$0.13 Elwood Fpd
$0.08 Jackson Twp (Effingham)
$0.07 Will Co
$0.04 Elwood
$0.03 Jackson Twp (Will)
$0.01 Will Co Fst Prsv Dist

Estimated Tax by Home Valuei

$100K

$2,207–$2,736

$150K

$3,310–$4,103

$200K

$4,413–$5,471

$250K

$5,517–$6,839

$300K

$6,620–$8,207

$350K

$7,724–$9,575

$400K

$8,827–$10,942

Highlighted value is closest to median home value ($225K)

10 Overlapping Taxing Districtsi

U 209UUnit K-12i
54.1%4.0117%
$12.4M levied
E 17 (Will)Elementaryi
43.3%3.2138%
$24.2M levied
H 204 (Will)High Schooli
32.2%2.3846%
$107.5M levied
E 203Elementaryi
27%2.0038%
$9.2M levied
Elwood Fpdi
12.7%0.9451%
$6.7M levied
Jackson Twp (Effingham)i
7.9%0.5890%
$179K levied
Will Coi
7.3%0.5408%
$165.1M levied
Elwoodi
3.5%0.2617%
$835K levied
Jackson Twp (Will)i
2.5%0.1852%
$1.1M levied
Will Co Fst Prsv Disti
1.2%0.0874%
$26.7M levied