Chicago suburbs  ·  2020–2024 Census data

Bellwood Property Tax
Rate & Typical Bill

Homeowners in Bellwood, Cook County, pay about 2.38% of their home's value in property tax each year. The median bill is $5,866.

Bellwood, IL

Effective rate
2.38%
Median tax bill
$5,866
Median home value
$230,000
Owner-occupied homes
4,665
Rank in Cook County (1 = highest)
26 of 111

Cook County average: 1.73%

Estimated Yearly Tax by Home Value

At Bellwood's typical rate of 2.38%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$5,942
$350,000$8,319
$450,000$10,696
$600,000$14,262
$800,000$19,016

Can You Deduct It?

A family with a $230,000 home in Bellwood pays about $5,467 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $11,407 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
Stone ParkCook2.15%$6,021
Melrose ParkCook1.79%$5,717
MaywoodCook2.56%$6,590
HillsideCook2.50%$6,302
BerkeleyCook2.57%$6,224
BroadviewCook1.85%$4,656

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Bellwood, IL?

Homeowners in Bellwood pay a typical effective property tax rate of 2.38% of home value per year. The median annual bill is $5,866 and the median home value is $230,000 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Bellwood?

About $9,508 per year at Bellwood's typical rate of 2.38%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Bellwood higher than the Cook County average?

Bellwood's typical rate of 2.38% is higher than the Cook County average of 1.73%.

Can I deduct property taxes paid in Bellwood on my 2026 federal return?

Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.

Let a CPA Run Your Numbers

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