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New Lenox, Will County, Illinois

Property Tax Rate

2.73% effective rate on market value

Official composite rate: 8.1862% per $100 EAV

State equalization factor: 1.0000

2024 TAX MASTER, tax code 1562 (5 of 15 in-village tax codes — the plurality); the second-largest cluster, SD 33-C/HS 205 (4 of 15), runs at essentially the same rate, so not split out

School Districts

Assigned districts: New Lenox School District 122 / Lincoln Way Community High School District 210

New Lenox School District 122

Enrollment: 4,935 · Per-pupil spending: $13,554

ELA proficiency67.1%Near State Average
Math proficiency58.0%Above State Average
Chronic absenteeism10.6%Above State Average

Lincoln Way Community High School District 210

Enrollment: 6,639 · Per-pupil spending: $16,247

ACT ELA proficiency72.0%Above State Average
ACT Math proficiency63.8%Above State Average
4-year graduation rate97.0%Above State Average
Chronic absenteeism15.2%Near State Average

Will County Market Momentum

Median list price

$424,997

Median $/sqft

$208

Median days on market

31

Source: FRED (Realtor.com series), as of 2026-06-01. County-level — the finest granularity FRED publishes.

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