How much are property taxes in Grant Park, IL?
Homeowners in Grant Park, IL pay a median of $4,711 (±$301) a year in real estate taxes (2020–2024 American Community Survey, table B25103).
Homes with a mortgage pay a median of $4,879.
Homes without a mortgage pay a median of $4,414.
That is about 2.2% of the median home value of $215,800.
In Grant Park, the median real estate tax went from $3,991 in 2015–2019 to $4,711 in 2020–2024 (+18.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median real estate taxes
- $4,711 (±$301)
- With a mortgage
- $4,879
- Without a mortgage
- $4,414
- Share of median value
- 2.2%
Real estate taxes in Grant Park against Kankakee County, its state and the nation
| Grant Park | Kankakee County | Illinois | United States | |
|---|---|---|---|---|
| Median real estate taxes | $4,711 (±$301) | $4,266 (±$108) | $5,298 (±$22) | $3,119 |
| Homes with a mortgage | $4,879 (±$493) | $4,651 (±$138) | $5,833 (±$28) | $3,489 |
| Homes without a mortgage | $4,414 (±$488) | $3,571 (±$202) | $4,463 (±$30) | $2,576 |
| Median home value | $215,800 (±$20,691) | $192,600 (±$5,640) | $263,300 (±$797) | $332,700 |
In Grant Park, the median real estate tax is higher than in Kankakee County ($4,266).
It is also lower than in Illinois ($5,298).
It is higher than the national figure ($3,119).
In Kankakee County, Grant Park ranks 8 of 36 places with a published estimate, from highest to lowest median real estate taxes.
Statewide, it ranks 572 of 2,625.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Taxes as a share of home value in Grant Park
The median tax ($4,711) is 2.2% of the median home value ($215,800).
Across Kankakee County the same ratio is 2.2%.
Across Illinois it is 2.0%.
This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.
Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.
How property taxes in Grant Park have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median real estate taxes | $3,991 (±$359) | $4,711 (±$301) | +18.0% | No measurable change after inflation |
| Median home value | $156,500 (±$7,834) | $215,800 (±$20,691) | +37.9% | Up after inflation |
| Median owner cost with a mortgage | $1,403 (±$118) | $1,802 (±$80) | +28.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median real estate taxes in places near Grant Park
| Place | Distance | Median real estate taxes | Compared with this place |
|---|---|---|---|
| Grant Park | — | $4,711 (±$301) | — |
| Yellowhead Township | 2.7 mi | $5,055 (±$620) | Not measurably different |
| Sumner Township (Kankakee County) | 4.5 mi | $5,270 (±$1,327) | Not measurably different |
| Momence | 5.7 mi | $2,897 (±$364) | Lower |
| Momence Township | 5.7 mi | $2,822 (±$480) | Lower |
| Ganeer Township | 6.9 mi | $3,496 (±$662) | Lower |
| Washington Township (Will County) | 7.1 mi | $6,733 (±$445) | Higher |
| Beecher | 7.5 mi | $6,654 (±$497) | Higher |
| West Creek Township | 7.5 mi | $2,686 (±$351) | Lower |
Nearby places with a measurably lower figure: Momence, IL ($2,897), Momence Township, IL ($2,822), Ganeer Township, IL ($3,496).
Nearby places with a measurably higher figure: Washington Township (Will County), IL ($6,733), Beecher, IL ($6,654).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median real estate taxes across Kankakee County, place by place
| Rank | Place | Median real estate taxes |
|---|---|---|
| 2 | Manteno Township | $6,186 (±$525) |
| 3 | Manteno | $6,055 (±$658) |
| 4 | Bourbonnais | $5,568 (±$325) |
| 5 | Sumner Township (Kankakee County) | $5,270 (±$1,327) |
| 6 | Yellowhead Township | $5,055 (±$620) |
| 7 | Salina Township | $4,948 (±$1,359) |
| 8 | Grant Park | $4,711 (±$301) |
| 9 | Limestone Township (Kankakee County) | $4,648 (±$373) |
| 10 | Bourbonnais Township | $4,645 (±$170) |
| 11 | Pilot Township (Kankakee County) | $4,470 (±$483) |
| 12 | Herscher | $4,321 (±$220) |
| 13 | Otto Township | $4,110 (±$369) |
| 14 | Bradley | $4,049 (±$276) |
Showing 13 of 36 places in Kankakee County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Grant Park
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Grant Park beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Grant Park, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Grant Park, and send estimates and invoices from your phone.
Questions about Grant Park
How much are property taxes in Grant Park?
The median real estate tax paid by homeowners in Grant Park, IL is $4,711 (±$301) a year (2020–2024 American Community Survey).
What is the property tax rate in Grant Park?
The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 2.2% of the median home value in Grant Park, and the actual rate is set by the town, county and school district.
Have property taxes in Grant Park gone up?
In Grant Park, the median real estate tax went from $3,991 in 2015–2019 to $4,711 in 2020–2024 (+18.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Are property taxes in Grant Park higher than in Kankakee County?
In Grant Park, the median real estate tax is higher than in Kankakee County ($4,266).
It is also lower than in Illinois ($5,298).
It is higher than the national figure ($3,119).
Sources
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Grant Park village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grant Park village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Grant Park village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Grant Park village, Illinois (place:30991, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.
The API needs a free key.
B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Grant Park at a glance
- Median rent in Grant Park
- Rent burden in Grant Park
- Renters and owners in Grant Park
- Income and affordability in Grant Park
- Home values in Grant Park
- Homeowner costs in Grant Park
- Types of homes in Grant Park
- Bedrooms in Grant Park
- Age of homes in Grant Park
- Heating fuel in Grant Park
- Commute and cars in Grant Park
- Crime reported to police in Grant Park
- Population growth in Grant Park
- How long people stay in Grant Park
- Illinois landlord and tenant rules
- Housing across Kankakee County
- Illinois places ranked by property taxes
- Housing data for every place in Illinois