Chicago suburbs  ·  2020–2024 Census data

New Lenox Property Tax
Rate & Typical Bill

Homeowners in New Lenox, Will County, pay about 2.25% of their home's value in property tax each year. The median bill is $9,276.

New Lenox, IL

Effective rate
2.25%
Median tax bill
$9,276
Median home value
$399,900
Owner-occupied homes
8,444
Rank in Will County (1 = highest)
11 of 27

Will County average: 2.10%

Estimated Yearly Tax by Home Value

At New Lenox's typical rate of 2.25%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$5,625
$350,000$7,875
$450,000$10,125
$600,000$13,500
$800,000$18,000

Can You Deduct It?

A family with a $399,900 home in New Lenox pays about $8,998 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $14,938 — 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
Homer GlenWill2.17%$9,017
RidgewoodWill2.00%$3,271
Ingalls ParkWill2.06%$3,199
LockportWill2.01%$7,909
FairmontWill1.82%$3,153
MokenaWill1.97%$9,160

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 New Lenox, IL?

Homeowners in New Lenox pay a typical effective property tax rate of 2.25% of home value per year. The median annual bill is $9,276 and the median home value is $399,900 (U.S. Census ACS 2020–2024).

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

About $9,000 per year at New Lenox's typical rate of 2.25%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in New Lenox higher than the Will County average?

New Lenox's typical rate of 2.25% is higher than the Will County average of 2.10%.

Can I deduct property taxes paid in New Lenox 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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