Lake County, IL vs Madison County, IL
Property Tax Rate Comparison 2025
Quick Answer
Lake County, IL: 2.37% effective rate · $7,321/yr median tax · median home $308,906
Madison County, IL: 2.23% effective rate · $5,284/yr median tax · median home $236,970
Side-by-Side Comparison
| Metric | Lake County, IL | Madison County, IL | National Avg |
|---|---|---|---|
| Effective Tax Rate | 2.37% | 2.23% | 1.06% |
| Median Annual Tax | $7,321 | $5,284 | $2,778 |
| Median Home Value | $308,906 | $236,970 | $268,728 |
| Population | 714,342 | 265,670 | — |
Lake County, IL
- Effective Rate
- 2.37%
- Median Annual Tax
- $7,321
- Median Home Value
- $308,906
- Population
- 714,342
Madison County, IL
- Effective Rate
- 2.23%
- Median Annual Tax
- $5,284
- Median Home Value
- $236,970
- Population
- 265,670
Frequently Asked Questions
What is the property tax difference between Lake County and Madison County?
Lake County, IL has an effective property tax rate of 2.37% with a median annual tax of $7,321. Madison County, IL has a rate of 2.23% with a median annual tax of $5,284. The difference is 0.14 percentage points.
Which county has higher property taxes, Lake County or Madison County?
Lake County, IL has the higher effective property tax rate at 2.37% compared to 2.23%.
How do Lake County and Madison County compare to the national average?
The national average effective property tax rate is 1.06%. Lake County is above average at 2.37%, and Madison County is above average at 2.23%.