Lake County property tax, in one number.
The typical Lake County homeowner pays $8,923 a year on a $345,700 home. That's well above the Illinois rate (2.01%) and well above the U.S. rate (0.94%).
Estimate my taxLake County at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Lake County's average effective rate, or pick another area.
- Bills are up, rates are down.The median tax paid rose from $7,095 in 2015 to $8,943 in 2024 (+26%), while home values rose 43%. That pushed the effective rate down.
- 1st highest rate in Illinois.Out of 102 Illinois counties with full data. Nationally, the rate is higher than in 100% of U.S. counties.
- Mortgage holders pay more.Homes with a mortgage paid a median $9,334, versus $8,093 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
The data, charted
Median tax paid & effective rate
Owners vs renters
Effective rate by city
Largest Illinois counties
| County | Median tax | Rate |
|---|---|---|
| Lake County | $8,923 | 2.58% |
| Kane County | $7,382 | 2.26% |
| Will County | $7,173 | 2.24% |
| DuPage County | $8,007 | 2.05% |
| Cook County | $6,191 | 1.91% |
| Illinois | $5,298 | 2.01% |
Compare neighboring counties
Effective property tax rates in and around Lake County.
Cities and towns in Lake County
Places with at least 2,000 owner-occupied homes and reliable survey data.
- Waukegan2.49% · $4,759
- Buffalo Grove2.43%+ · $10,000+
- Highland Park1.65%+ · $10,000+
- Gurnee2.47% · $8,491
- Mundelein2.71% · $8,404
- Vernon Hills2.43%+ · $10,000+
- Round Lake Beach2.89% · $5,765
- Grayslake3.23%+ · $10,000+
- Deerfield1.60%+ · $10,000+
- Libertyville1.95%+ · $10,000+
- Lake Forest1.07%+ · $10,000+
- Lake Zurich2.12% · $9,217
- Zion3.33% · $6,120
- Round Lake2.82% · $7,860
- Beach Park2.62% · $6,445
- Lindenhurst3.20% · $9,402
- Antioch2.93% · $8,989
- Wauconda2.70% · $7,525
- Fox Lake2.18% · $4,982
- Gages Lake2.33% · $7,233
- Hawthorn Woods1.62%+ · $10,000+
- Long Grove1.24%+ · $10,000+
- Winthrop Harbor2.96% · $7,419
- Lincolnshire1.48%+ · $10,000+
- Lake Villa2.84%+ · $10,000+
- North Chicago2.49% · $3,969
- Lake Barrington1.92% · $9,110
- Lake Bluff1.29%+ · $10,000+
Good to know
What is the property tax rate in Lake County?
The effective rate is about 2.58%. The median homeowner pays $8,923 a year on a home worth a median $345,700 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $350,000 home in Lake County?
About $9,030 a year, or roughly $752 a month, at Lake County's average effective rate of 2.58%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the county assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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