Lake Zurich, Illinois — Tax Burden
What is the tax burden in Lake Zurich, Illinois?
Lake Zurich, Illinois has a total tax burden of 14.40%, ranking #853 nationally. Property tax rate: 2.23%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $135,211.
Source: US Census ACS, 2022
Ranked #853 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.40%
Rank: 853rd nationally
Property Tax Rate
2.23%
Rank: 563rd nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (45%)Income (34%)Sales (20%)
Median Income: $135,211
Median Home Value: $396,200
Median Property Tax: $8,846/yr
Population: 19,749