Homeowners in Lake Catherine paid property taxes equivalent to 2.1% of their homes’ values in the fourth quarter of 2025, surpassing the national average by over 2.3 times, according to BlockShopper.com.
Based on data from the five homes sold during that period, the median sales price for a Lake Catherine property in the fourth quarter of 2025 stood at $265,000. The city’s median tax bill in 2025 was $5,434, which amounts to 2.1% of the assessed median value.
The average effective property tax rate across the U.S. reached 0.888% in 2024.
Within Lake County, cities such as Round Lake Park, Wadsworth, and Forest Lake ranked as the three municipalities with the highest tax rates.
This article estimated the 2025 effective property tax rate using projected inflation figures and 2023 county tax data. Actual effective rates might differ slightly in some situations.
U.S. home prices increased further in 2025, hitting a national median of around $447,000 in June. According to Redfin, that is 1.13% higher than a year prior. The report also highlights a large supply-demand difference, with sellers outnumbering buyers by 36%, reflecting a difference of 508,715 homes. Redfin notes a market is balanced when the number of buyers and sellers is within 10% of each other.
The table below provides a comparison of median effective property tax rates in the fourth quarter of 2025 for Round Lake Park and other Lake County cities, based on property sales and tax data.
| 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% |

