Lake Barrington property tax rate exceeds US average by over double in Q4 2025

Anthony Vega, County Clerk at Lake County
Anthony Vega, County Clerk at Lake County
0Comments

Property owners in Lake Barrington paid property taxes equal to 2.2% of their home’s value during the fourth quarter of 2025, more than 2.4 times higher than the national average, according to BlockShopper.com.

Data from 16 sold properties show the median sales price for a Lake Barrington home was $425,000 in the fourth quarter of 2025. The median city tax bill came to $9,245 in 2025, representing 2.2% of the median assessed home value.

The average effective property tax rate nationally was 0.888% in 2024.

Round Lake Park, Wadsworth, and Forest Lake recorded the highest property tax rates in Lake County.

Effective property tax rates for 2025 are based on projected inflation values and 2023 county tax data. Actual effective rates could differ slightly.

Across the U.S., home prices rose further in 2025, with the national median reaching about $447,000 as of June, up 1.13% from the prior year, Redfin reported. The figures indicate a wide gap between supply and demand, with 36% more home sellers than buyers, equating to 508,715 homes. Redfin considers a balanced market to be within a 10% difference between buyers and sellers.

The table below shows how Round Lake Park compares with other Lake County cities by median effective property tax rate, using sales and property tax data from the fourth quarter of 2025.

City Q4 2025 Sales Q4 2025 Median Price Median tax 2025 Effective tax rate
Round Lake Park 5 $49,000 $4,719 9.6%
Wadsworth 9 $225,000 $11,235 5%
Forest Lake 2 $209,000 $7,297 3.5%
Vernon Hills 40 $303,000 $10,379 3.4%
Round Lake 22 $257,500 $7,694 3%
Lincolnshire 14 $565,000 $16,396 2.9%
Riverwoods 9 $650,000 $18,941 2.9%
Grayslake 51 $347,000 $9,732 2.8%
Hainesville 7 $252,500 $6,968 2.8%
Gurnee 57 $350,000 $9,370 2.7%
Zion 43 $251,000 $6,612 2.6%
Third Lake 2 $380,750 $10,056 2.6%
Fox Lake Hills 4 $222,500 $5,743 2.6%
Lindenhurst 30 $336,000 $8,704 2.6%
Round Lake Heights 4 $262,000 $6,707 2.6%
Buffalo Grove 42 $505,000 $13,039 2.6%
Antioch 43 $350,000 $8,731 2.5%
Volo 3 $411,000 $10,422 2.5%
Gages Lake 21 $305,000 $7,763 2.5%
North Chicago 23 $225,000 $5,730 2.5%
Island Lake 2 $240,000 $5,990 2.5%
Wauconda 17 $295,000 $7,389 2.5%
Winthrop Harbor 14 $273,000 $6,771 2.5%
Grandwood Park 9 $386,500 $9,595 2.5%
Deerfield 49 $582,500 $14,463 2.5%
Channel Lake 2 $209,250 $5,120 2.4%
Lake Villa 15 $390,000 $9,234 2.4%
Mundelein 18 $307,250 $7,068 2.3%
Green Oaks 6 $655,500 $15,032 2.3%
Lake Bluff 16 $613,000 $14,017 2.3%
Harris Corners 2 $425,000 $9,635 2.3%
Lake Barrington 16 $425,000 $9,245 2.2%
Hawthorn Woods 9 $667,500 $14,741 2.2%
Beach Park 25 $315,000 $6,609 2.1%
Waukegan 91 $234,000 $5,012 2.1%
Round Lake Beach 52 $250,500 $5,316 2.1%
Long Grove 9 $1,040,000 $22,137 2.1%
Kildeer 7 $849,500 $18,156 2.1%
Highwood 6 $457,500 $9,487 2.1%
Lake Catherine 5 $265,000 $5,434 2.1%
Libertyville 65 $589,000 $11,865 2%
North Barrington 10 $828,750 $16,742 2%
Fox Lake 19 $295,000 $5,707 1.9%
Lotus Woods 4 $214,750 $4,067 1.9%
Ingleside Shore 9 $270,000 $5,094 1.9%
Barrington 16 $650,000 $12,118 1.9%
Highland Park 39 $840,000 $16,364 1.9%
Lakemoor 5 $405,000 $7,207 1.8%
Venetian Village 8 $285,000 $5,084 1.8%
Park City 2 $369,500 $6,541 1.8%
Deer Park 6 $760,000 $13,373 1.8%
Lake Zurich 34 $520,000 $9,405 1.8%
Mylith Park 2 $277,250 $4,042 1.5%
Knollwood 3 $543,000 $7,921 1.5%
Lake Forest 36 $1,197,500 $17,873 1.5%
Long Lake 6 $293,000 $4,163 1.4%
Information for this article is sourced from BlockShopper.com. Find the original source data here.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Anthony Vega, County Clerk at Lake County

Home valuation prices increased in Lake County during 2025

The median sale price of a home sold in 2025 in Lake County rose by $24,500, while total sales decreased by 26.2%.

Anthony Vega, County Clerk at Lake County Recorder

What happened to the median home valuation price in Lake County during Q4 2025?

The median sale price of a home sold in the fourth quarter of 2025 in Lake County rose by $15,500, while total sales decreased by 29.7%.

Anthony Vega, County Clerk at Lake County Recorder

Lake County latest reported home sales for week ending March 14

The following 28 home sales represent the most recently reported in Lake County for the week ending March 14.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Lake County Gazette.