What is the property tax rate in Lockport, IL?

Lockport has an estimated effective property tax rate of 2.59%. On a median home valued at $298,800, homeowners pay approximately $7,725 per year in property taxes.

How does Lockport compare to Will County?

Lockport's effective rate of 2.59% is 16% higher than the Will County average of 2.24%. The county-wide median annual tax is $7,173, while Lockport homeowners pay an estimated $7,725.

How much are property taxes in Lockport on a $300,000 home?

Based on Lockport's effective rate of 2.59%, property taxes on a $300,000 home would be approximately $7,770 per year, or about $648 per month.

Lockport Property Tax Rate

Will County, Illinois

2.59%effective rate

Lockport is located in Will County, Illinois. Homeowners in Lockport pay a median of $7,725 per year in property taxes on a home valued at $298,800, resulting in an effective tax rate of 2.59%. This is 16% higher than the Will County average of 2.24%.

Effective Tax Rate🏠

2.59%

vs 2.24% county avg

Est. Annual Tax💰

$7,725

Per year

Median Home Value📊

$298,800

2024 estimate

Population📍

26,228

Lockport, IL

How Lockport Compares

Lockport

2.59%

Will County Average

2.24%

Illinois Average

2.01%

National Average

0.92%

Cities in Will County

Compare property tax rates for 6 cities in Will County, Illinois.

City	Population	Annual Tax	Rate
Lockport	26,228	$7,725	2.59%
Bolingbrook	73,813	$7,572	2.56%
Romeoville	40,996	$6,111	2.49%
New Lenox	27,456	$8,985	2.38%
Plainfield	45,705	$9,266	2.33%
Joliet	149,785	$5,569	2.24%

About Property Taxes in Lockport

Property taxes in Lockport are collected by Will County. Tax exemptions available to Will County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Lockport. For detailed information on available exemptions and the county tax collector, see the Will County property tax page.

Property Tax Calculator

Estimate your annual property tax in Lockport

Home Value

$50k$2M

Apply homestead exemption ($100,000 school tax reduction)

Estimated Annual Property Tax

$7,770

$648/month · Rate: 2.59%

Will County Property Taxes

County-level data, exemptions, historical trends, and tax collector info.

View county details →

Illinois Property Taxes

Statewide rates, all 102 counties, and exemptions.

View state details →

Think your property tax is too high?

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Frequently Asked Questions

Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.