The median sales price of a Lake County home in the second quarter of 2024 was $355,000, based on data from the 2,039 properties sold during that time. In 2024, the median tax bill for the county was $9,360, which is 2.6% of the median value of the homes that were taxed.
This is 2.4 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Lake County real estate data showed homeowners in Lindenhurst, Grayslake, and Lakemoor paid the highest rates.
The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2021 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Lindenhurst with some other cities belonging to Lake County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2024.
City | Q2 2024 Sales | Q2 2024 Median Price | Median tax 2024 | Effective tax rate |
---|---|---|---|---|
Lindenhurst | 48 | $300,000 | $10,280 | 3.4% |
Grayslake | 102 | $303,500 | $10,170 | 3.4% |
Lakemoor | 12 | $235,000 | $7,741 | 3.3% |
Third Lake | 2 | $348,813 | $11,007 | 3.2% |
Wauconda | 26 | $264,000 | $8,406 | 3.2% |
Round Lake | 46 | $247,500 | $7,562 | 3.1% |
Zion | 69 | $220,000 | $6,579 | 3% |
Round Lake Park | 12 | $163,000 | $4,829 | 3% |
Hainesville | 16 | $254,950 | $7,619 | 3% |
Tower Lakes | 2 | $452,500 | $13,747 | 3% |
Volo | 2 | $404,500 | $11,703 | 2.9% |
Beach Park | 33 | $235,000 | $6,559 | 2.8% |
Gurnee | 93 | $315,000 | $8,866 | 2.8% |
Grandwood Park | 23 | $320,000 | $9,051 | 2.8% |
Buffalo Grove | 110 | $462,500 | $13,091 | 2.8% |
Antioch | 83 | $320,000 | $8,587 | 2.7% |
Green Oaks | 15 | $580,000 | $15,691 | 2.7% |
Channel Lake | 3 | $188,870 | $4,996 | 2.6% |
Winthrop Harbor | 25 | $265,000 | $7,019 | 2.6% |
Long Grove | 26 | $838,500 | $21,944 | 2.6% |
Vernon Hills | 97 | $415,000 | $10,765 | 2.6% |
Deerfield | 93 | $582,500 | $15,294 | 2.6% |
Lotus Woods | 2 | $159,000 | $3,950 | 2.5% |
North Chicago | 22 | $190,950 | $4,690 | 2.5% |
Island Lake | 14 | $272,500 | $6,867 | 2.5% |
Lake Barrington | 38 | $382,000 | $9,643 | 2.5% |
Libertyville | 105 | $494,500 | $12,348 | 2.5% |
Indian Creek | 4 | $482,000 | $12,211 | 2.5% |
Lake Catherine | 11 | $215,000 | $5,223 | 2.4% |
Wadsworth | 16 | $440,500 | $10,778 | 2.4% |
Riverwoods | 16 | $835,000 | $20,013 | 2.4% |
Waukegan | 150 | $213,000 | $4,914 | 2.3% |
Venetian Village | 11 | $211,000 | $4,919 | 2.3% |
Round Lake Heights | 6 | $213,450 | $4,925 | 2.3% |
Gages Lake | 39 | $305,000 | $7,039 | 2.3% |
Mundelein | 44 | $306,000 | $6,934 | 2.3% |
Lincolnshire | 44 | $717,500 | $16,638 | 2.3% |
Lake Villa | 33 | $370,000 | $8,150 | 2.2% |
Round Lake Beach | 88 | $232,000 | $5,172 | 2.2% |
Hawthorn Woods | 25 | $689,000 | $14,928 | 2.2% |
Lake Zurich | 66 | $441,250 | $9,603 | 2.2% |
Forest Lake | 6 | $340,950 | $7,354 | 2.2% |
Kildeer | 17 | $876,000 | $19,197 | 2.2% |
Bannockburn | 2 | $1,120,000 | $24,473 | 2.2% |
Highland Park | 102 | $757,500 | $16,458 | 2.2% |
Cary | 2 | $375,000 | $8,237 | 2.2% |
Deer Park | 9 | $650,000 | $13,833 | 2.1% |
Highwood | 8 | $433,750 | $9,012 | 2.1% |
Barrington | 24 | $643,500 | $12,795 | 2% |
Fox Lake Hills | 14 | $296,750 | $5,526 | 1.9% |
Long Lake | 10 | $225,000 | $4,346 | 1.9% |
Fox River Grove | 3 | $765,000 | $14,828 | 1.9% |
Fox Lake | 19 | $330,000 | $5,972 | 1.8% |
Ingleside Shore | 17 | $305,000 | $5,489 | 1.8% |
Lake Bluff | 28 | $835,000 | $14,059 | 1.7% |
North Barrington | 19 | $1,100,000 | $17,088 | 1.6% |
Knollwood | 5 | $510,000 | $7,547 | 1.5% |
Lake Forest | 62 | $1,198,000 | $17,831 | 1.5% |