Downers Grove, IL Property Tax Rates
Compare property tax rates across 2 ZIP codes in Downers Grove, Illinois.
Avg Tax Rate
1.63%
Avg Annual Tax
$7,126
Avg Home Value
$438,150
ZIP Codes
2
Property Tax Overview: Downers Grove, IL
Downers Grove has 2 ZIP codes with property tax data. The average effective tax rate across these ZIPs is 1.63%, which is 13% below the Illinois average of 1.88%. Annual property taxes range from $7,343 (ZIP 60515) to $6,908 (ZIP 60516).
For a home at Downers Grove's median value of $438,150, property taxes add approximately $594/month to housing costs. Downers Grove home values are above the Illinois median of $185,194, meaning the monthly tax impact is correspondingly higher.
Property tax rates within Downers Grove vary by 0.01 percentage points across its ZIP codes. This variation typically reflects different school district boundaries, special assessment zones, and municipal service areas within the city.
Downers Grove vs Illinois Average
Effective Tax Rate
13% below state average
Annual Property Tax
Median Home Value
Frequently Asked Questions
What is the average property tax rate in Downers Grove, IL?
The average effective property tax rate in Downers Grove, Illinois is 1.63%, based on 2 ZIP codes.
How much is property tax in Downers Grove, IL?
The average median annual property tax in Downers Grove is $7,126 per year, with a median home value of $438,150.
Which ZIP code in Downers Grove has the lowest property tax rate?
ZIP code 60515 has the lowest effective tax rate in Downers Grove at 1.62%, with a median annual tax of $7,343.
How many ZIP codes are in Downers Grove, IL?
Downers Grove, Illinois has 2 ZIP codes with property tax data available.
Which ZIP code in Downers Grove has the highest property tax rate?
ZIP code 60516 has the highest effective tax rate in Downers Grove at 1.63%, with a median annual tax of $6,908.
How do Downers Grove property taxes compare to the Illinois average?
Downers Grove's average effective rate of 1.63% is 13% below the Illinois state average of 1.88%.
What factors affect property tax rates between ZIP codes in Downers Grove?
Property tax rate differences within Downers Grove are typically driven by school district boundaries (which can account for 40–60% of a tax bill), special assessment zones for fire, water, or transit services, and whether a ZIP falls within city limits or an unincorporated area. Each taxing jurisdiction sets its own rate, which is why adjacent ZIP codes can have noticeably different effective rates.
Tips for Downers Grove Homeowners
- •Appeal your assessment: If your home is assessed higher than its market value, you can file a property tax appeal. Studies suggest 30–60% of properties are over-assessed. Most counties offer a free informal review process.
- •Check your exemptions: Homestead exemptions can reduce your taxable value and are available to primary residents in most states. Senior, veteran, and disability exemptions may also apply. Exemptions must typically be applied for — they are not automatic.
- •Know your assessment cycle: Illinois reassesses properties periodically. After buying a home, your next tax bill may reflect a new assessment based on your purchase price. Budget accordingly, especially if you bought above prior assessed values.
- •Compare ZIP codes before buying: Even within Downers Grove, effective tax rates can vary significantly across ZIP codes due to different school district overlays. Use PropertyTaxByZip to compare specific ZIPs before choosing a neighborhood.
Looking for county-level property tax data? View DuPage County on TaxByCounty.com
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.