Lindenhurst, Lake County, Illinois Property Taxes

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

Median Lindenhurst, IL effective property tax rate: 3.57%, significantly higher than the national median of 1.02%, but lower than the Illinois state median of 2.35%.
Median Lindenhurst, IL home value: $227,843
Median annual Lindenhurst, IL tax bill: $8,145, $5,745 higher than the national median property tax bill of $2,400.

How are property taxes in Lake County calculated?

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

Last Updated March 1, 2025

Lindenhurst, Lake County, Illinois Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

3.57%

Estimate Property Tax Bill

$8,134

$7,548

Ownwell’s Lindenhurst Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lindenhurst with just two data points. By entering your property's estimated assessed value, our calculator applies Lindenhurst’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 Lindenhurst, Lake County, Illinois

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.

Lindenhurst in Lake County, Illinois, stands out with a median property tax rate of 3.57%. This rate is notably higher than the national median property tax rate of 1.02%. When comparing Lindenhurst's effective property tax rate to other cities in Illinois, it's clear that residents face a substantial tax burden. This high rate is reflective of the broader tax landscape in Illinois, which is known for having some of the highest property tax rates in the country. Understanding these rates is crucial for homeowners as they navigate property ownership costs and potential tax appeals.

Property Tax Rates Across Lindenhurst, 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 Lindenhurst Tax Rate

3.57%

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 Lindenhurst, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
60046	3.07%	3.28%	3.57%	4.13%	4.25%

Source: Ownwell

Property Tax Assessment Values Across Lindenhurst, Lake County, Illinois

When examining property taxes in Lindenhurst, IL, 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 Assessor 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 April. 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 Lindenhurst. For example, the median home price in Lindenhurst is $227,843, with tax bills ranging significantly across the county. 60046 has the highest median home price at $227,843.

Property Tax Assessment Values Across Lindenhurst, Lake County, Illinois

Source: Ownwell

$107,374

$523,101

$938,827

Median Lindenhurst Market Value

$227,843

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 Lindenhurst, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
60046	$156,156	$193,676	$227,843	$286,030	$349,062

Source: Ownwell

Property Tax Bills Across Lindenhurst, Lake County, Illinois

In Lindenhurst, located in Lake County, IL, property tax bills are determined by applying the local tax rate to the assessed value of a property. The assessed value is typically a percentage of the property's market value, which for the median home price of $227,843 in Lindenhurst, can result in a significant tax bill. Property taxes here are notably higher than the national median, with the median tax bill reaching $8,145, significantly surpassing the national median property tax bill of $2,400. Factors such as local government budgets, school district funding needs, and public service requirements play a crucial role in setting these rates. For homeowners, this means a substantial portion of their homeownership costs is tied up in taxes. Ownwell can assist homeowners by identifying potential savings through property tax appeals, ensuring that the assessed value accurately reflects the market value. This service can help reduce the financial burden, providing homeowners with peace of mind and potential savings on their property tax bills.

Property Tax Bills Across Lindenhurst, Lake County, Illinois

Source: Ownwell

$3,893

$12,727

$21,560

Median Lindenhurst Tax Bill

$8,145

Median Lake County Tax Bill

$7,861

Median Illinois Tax Bill

$4,715

Median United States Tax Bill

$2,400

Property Tax Bills Across Lindenhurst, Lake County, Illinois

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
60046	$5,395	$6,478	$8,145	$10,946	$13,372

Source: Ownwell