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Lake County Gazette

Friday, April 19, 2024

Analysis: North Chicago, Lotus Woods, Zion have highest effective property tax rates in Lake County

Property tax 5

What percentage of your home's value do you pay in property taxes each year? That's your "Effective Property Tax Rate," and, in Illinois, yours is likely among the highest in the U.S. 

The average homeowner in Illinois pays 2.3 percent of their home value in property taxes; that's 260 percent higher than homeowners in Indiana (0.87 percent) and 383 percent higher than in Colorado (0.60 percent). 

How does your community compare? Blockshopper.com tracks residential property tax bills across communities in Illinois. 

Homeowners in North Chicago, Lotus Woods and Zion saw the highest effective tax rates in Lake County in 2016.

Deer Park, Echo Lake and Forest Lake did not have 2016 property tax information available.

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2016 Lake County effective property tax rate

CityMedian tax in 2016Median sale price in 2016Effective property tax rate
North Chicago$4,823$58,0058.32%
Lotus Woods$3,113$58,1455.35%
Zion$4,573$87,7505.21%
Grayslake$8,116$169,0004.80%
Harris Corners$9,038$202,3174.47%
Round Lake Heights$5,193$118,0504.40%
Lake Zurich$13,846$315,0004.40%
Hainesville$5,458$130,0004.20%
Third Lake$9,286$224,0004.15%
Round Lake$6,652$169,0003.94%
Round Lake Park$3,010$77,5003.88%
Winthrop Harbor$5,540$144,9003.82%
Channel Lake$3,809$100,0003.81%
Volo$9,613$255,0003.77%
Lindenhurst$7,201$194,7503.70%
Lake Villa$8,207$223,0003.68%
Beach Park$5,261$144,5003.64%
Lake Catherine$3,949$110,0003.59%
Lakemoor$6,558$189,4443.46%
Round Lake Beach$3,902$115,0003.39%
Barrington Hills$19,602$607,5003.23%
Kildeer$19,120$606,5003.15%
Long Grove$18,266$592,5003.08%
Gurnee$6,591$215,0003.07%
Ingleside Shore$4,232$139,0003.04%
Wauconda$5,755$190,2503.02%
Waukegan$3,305$109,5003.02%
Bannockburn$23,734$790,0003.00%
Antioch$6,097$204,5002.98%
Fox Lake$4,567$154,0002.97%
Port Barrington$7,885$266,5002.96%
Gages Lake$5,144$175,5002.93%
Grandwood Park$6,548$224,5502.92%
Wadsworth$8,526$295,0002.89%
Buffalo Grove$9,815$341,0002.88%
Deerfield$11,415$400,0002.85%
Fox Lake Hills$4,651$165,0002.82%
Lincolnshire$13,002$474,0002.74%
Venetian Village$3,674$135,2502.72%
Long Lake$3,095$116,1012.67%
Fox River Grove$11,897$456,2502.61%
Park City$3,374$129,7002.60%
Indian Creek$10,076$387,5002.60%
Lake Barrington$6,998$270,0002.59%
Horatio Gardens$7,232$280,0002.58%
Riverwoods$15,988$620,0002.58%
Vernon Hills$7,964$310,0002.57%
North Barrington$14,442$567,5002.54%
Mundelein$4,286$170,0002.52%
Libertyville$9,199$370,0002.49%
Island Lake$4,532$183,5002.47%
Hawthorn Woods$12,328$500,0002.47%
Highland Park$12,453$525,0002.37%
Cary$6,727$285,0002.36%
Barrington$9,987$425,5002.35%
Mettawa$13,481$580,0002.32%
Spring Grove$3,152$136,0002.32%
Tower Lakes$9,766$426,0002.29%
Knollwood$5,609$248,0002.26%
Green Oaks$11,960$545,0002.19%
Highwood$6,260$299,5002.09%
Klondike$4,023$198,5002.03%
Lake Bluff$10,838$541,7502.00%
Lake Forest$13,972$745,0001.88%
Mylith Park$2,407$129,5001.86%
Williams Park$1,658$140,0001.18%
Source: BlockShopper.com; Lake County Recorder of Deeds; Sales include all transactions that include financial consideration.

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