Lake County, Illinois
What is the property tax rate in Lake County, Illinois?
Lake County, Illinois has an effective property tax rate of 2.74% and a total tax burden of 16.09%, ranking #17 nationally. The median property tax paid is $8,609/year on a home valued at $313,700.
Source: US Census ACS, 2022
Ranked #17 nationally and #2 in Illinois for total tax burden.
Total Tax Burden
16.09%
National: 17th · State: 2nd
Property Tax Rate
2.74%
National: 22nd · State: 1st
Income Tax Rate
4.950%
National: 831st
Sales Tax Rate
8.81%
National: 418th
Tax Burden Breakdown
Property Tax (51%)Income Tax (31%)Sales Tax (18%)
Median Income: $104,553
Median Home Value: $313,700
Median Property Tax: $8,609/yr
Population: 713,159