Wilmington, Kankakee County, Illinois Property Taxes
Property Taxes in Wilmington, Illinois
Median Wilmington, Illinois effective property tax rate: 3.00%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Wilmington, Illinois home value: $133,542
Median annual Wilmington, Illinois tax bill: $4,346, $1,946 higher than the national median property tax bill of $2,400.
How are property taxes in Kankakee calculated?
Property taxes in Wilmington, Illinois are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Wilmington's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wilmington, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Wilmington, Kankakee County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
3%
Estimate Property Tax Bill
$4,006
$3,718
How Does the Wilmington Property Tax Calculator Work?
Use this Wilmington property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Wilmington's median effective tax rate of 3.00% — based on actual property records in Kankakee County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Wilmington's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Wilmington: rates are 3.00% in 60481, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Wilmington.
About Wilmington Property Taxes
About Property Taxes in Wilmington, Kankakee, Illinois
Wilmington's median effective property tax rate of 3.00% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Kankakee County base levy combined with local school district levies and special service areas that vary by subdivision throughout the city.
Property tax rates are not uniform across Wilmington. Homeowners in the 60481 ZIP code carry a median effective rate of 3.00%, while those in the same ZIP code pay 3.00%. This spread — 0.00 percentage points across the same city — reflects how school district boundaries and local assessment districts are drawn across Kankakee County. Understanding which part of Wilmington you live in can make a meaningful difference to your annual tax bill.
Wilmington homeowners who believe their assessed value is too high can file a formal appeal with the local Tax Assessor before the June 1, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Wilmington, Kankakee County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Wilmington's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Wilmington Tax Rate
3.00%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Kankakee County Tax Rate
3.15%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Wilmington, Kankakee County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | 2.11% | 2.58% | 3.00% | 3.25% | 3.86% |
Source: Ownwell
Property Tax Assessment Values Across Wilmington, Kankakee County, Illinois
When examining property taxes in Wilmington, Illinois, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Kankakee County appraisal district estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Kankakee County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the month when notices are sent.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Wilmington.
For example, the median home price in Wilmington is $133,542, with tax bills ranging significantly across the county. 60481 has the highest median home price at $133,542.
Property Tax Assessment Values Across Wilmington, Kankakee County, Illinois
Source: Ownwell
$35,619
$121,247
$206,874
Median Wilmington Market Value
$133,542
Median Kankakee County Market Value
$151,347
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Wilmington, Kankakee County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | $35,670 | $60,195 | $133,542 | $204,648 | $281,214 |
Source: Ownwell
Property Tax Bills Across Wilmington, Kankakee County, Illinois
Property tax bills in Wilmington are based on the assessed value of a home and the local tax rate set by taxing authorities. When a home’s assessed value rises, the tax bill can increase, even if the homeowner has not made major changes to the property. Local budgets for schools, public safety, and other services also influence how much is owed.
With a median home price of $133,542, homeowners in Wilmington face a median property tax bill of $4,346.00, which is well above the national median property tax bill of $2,400. That means property taxes can take a larger share of housing costs here than in many other places.
Bills can vary widely from one home to another. The 25th percentile tax bill is $1,939, while the 75th percentile reaches $6,136 and the 90th percentile climbs to $7,421. For homeowners, that difference can have a real impact on monthly budgets and long-term affordability.
Median Wilmington Tax Bill
$4,346
Median Kankakee County Tax Bill
$4,678
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Wilmington, Kankakee County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60481 | $1,312 | $1,939 | $4,346 | $6,136 | $7,421 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Kankakee Tax Assessor | |
| Website | kankakeeil.devnetwedge.com |