Lakemoor property tax rate more than double US average in Q4 2025

Anthony Vega, County Clerk at Lake County
Anthony Vega, County Clerk at Lake County
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Homeowners in Lakemoor paid a property tax rate of 1.8% of their home values in the fourth quarter of 2025, exceeding the national average by more than twofold, as reported by BlockShopper.com.

The median sales price for a Lakemoor home during the fourth quarter of 2025 was $405,000, based on sales data for five properties within that period. The city’s median tax bill in 2025 reached $7,207, amounting to 1.8% of the median home value subject to taxation.

The average effective property tax rate in the U.S. stood at 0.888% during 2024.

Within Lake County, Round Lake Park, Wadsworth, and Forest Lake registered as the three cities with the highest effective property tax rates.

This article’s calculation of Lakemoor’s 2025 effective property tax rate is based on projected inflation numbers along with 2023 county tax records. Actual effective tax rates may differ in some cases.

Across the United States, home prices continued to climb in 2025, reaching a national median of about $447,000 by June. That represents an increase of 1.13% compared with the previous year, Redfin data show. The figures also reveal a notable mismatch in supply and demand, with 36% more sellers than buyers, equaling 508,715 more homes available. A balanced market is defined by Redfin as having the number of sellers and buyers within 10% of each other.

The table below provides a comparison of Round Lake Park and other Lake County cities by their median effective property tax rate, based on sales and 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%
Details for this article were sourced from BlockShopper.com. The underlying data can be accessed here.



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