Antioch, Lake County, Illinois Property Taxes

Name: Property Tax Bills Across Antioch, Lake County, Illinois
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Antioch, IL effective property tax rate: 3.19%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Antioch, IL home value: $225,258
Median annual Antioch, IL tax bill: $6,943, $4,543 higher than the national median property tax bill of $2,400.

How are property taxes in Lake calculated?

Property taxes in Antioch, IL are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Antioch’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Antioch, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Antioch, Lake County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.19%

Estimate Property Tax Bill

$7,186

$6,668

Ownwell’s Antioch Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Antioch with just two data points. By entering your property's estimated assessed value, our calculator applies Antioch’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Lake County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Antioch, Lake County, Illinois

Local government entities in Antioch, located in Lake County, Illinois, set property tax rates, which can differ significantly across the state. Each year, counties estimate their budgetary needs to maintain essential services and divide this by the total value of all taxable property within their jurisdiction. This calculation determines the property tax rate. Although votes and legislative measures play a role in setting these rates and budgets, this is the core of the annual procedure.

Antioch's effective property tax rate stands at 3.19%, which is notably higher than both the Illinois state median and the national median property tax rate of 1.02%. This places Antioch among the areas with the highest median property tax rates in Illinois. The median property tax bill in Antioch also surpasses the national median of $2400, reflecting the higher tax rate. Understanding these figures is crucial for property owners, as they directly affect annual tax obligations.

Property Tax Rates Across Antioch, Lake County, Illinois

Source: Ownwell

1.94%

2.99%

4.03%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Antioch Tax Rate

3.19%

Median Effective Lake County Tax Rate

2.94%

Median Effective Illinois Tax Rate

2.35%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Antioch, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60002	2.53%	2.90%	3.19%	3.45%	3.74%

Source: Ownwell

Property Tax Assessment Values Across Antioch, Lake County, Illinois

When examining property taxes in Antioch, Illinois, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Lake County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Lake County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Antioch. For example, the median home price in Antioch is $225,258, with tax bills ranging significantly across the county. Zip code 60002 has the highest median home price at $225,258.

Property Tax Assessment Values Across Antioch, Lake County, Illinois

Source: Ownwell

$107,374

$523,101

$938,827

Median Antioch Market Value

$225,258

Median Lake County Market Value

$260,862

Median Illinois Market Value

$194,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Antioch, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60002	$108,772	$155,610	$225,258	$298,458	$364,627

Source: Ownwell

Property Tax Bills Across Antioch, Lake County, Illinois

In Antioch, located in Lake County, Illinois, property tax bills are determined based on the assessed value of a home, which is a percentage of the market value. With a median home price of $225,258, the property tax rate in this region is notably higher than the national median, resulting in a median tax bill of $6,943. This figure is significantly above the national median property tax bill of $2,400. Factors such as local government budgets and school district funding needs influence the tax rate, impacting how much homeowners pay annually. For those in the 25th percentile, tax bills can be around $4,455, while those in the 75th and 90th percentiles can see bills as high as $9,881 and $12,508, respectively. Ownwell assists homeowners by offering property tax appeal and exemption services, potentially reducing these burdensome bills. By analyzing property assessments and identifying discrepancies, Ownwell can help homeowners save significantly, ensuring they only pay their fair share.

Property Tax Bills Across Antioch, Lake County, Illinois

Source: Ownwell

$3,893

$12,727

$21,560

Median Antioch Tax Bill

$6,943

Median Lake County Tax Bill

$7,861

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Antioch, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60002	$2,600	$4,455	$6,943	$9,881	$12,508

Source: Ownwell