Lake County, IL vs Richmond City, VA
Property Tax Rate Comparison 2025
Quick Answer
Lake County, IL: 2.37% effective rate · $7,321/yr median tax · median home $308,906
Richmond City, VA: 0.73% effective rate · $1,635/yr median tax · median home $224,074
Side-by-Side Comparison
| Metric | Lake County, IL | Richmond City, VA | National Avg |
|---|---|---|---|
| Effective Tax Rate | 2.37% | 0.73% | 1.06% |
| Median Annual Tax | $7,321 | $1,635 | $2,778 |
| Median Home Value | $308,906 | $224,074 | $268,728 |
| Population | 714,342 | 226,610 | — |
Lake County, IL
- Effective Rate
- 2.37%
- Median Annual Tax
- $7,321
- Median Home Value
- $308,906
- Population
- 714,342
Richmond City, VA
- Effective Rate
- 0.73%
- Median Annual Tax
- $1,635
- Median Home Value
- $224,074
- Population
- 226,610
Frequently Asked Questions
What is the property tax difference between Lake County and Richmond City?
Lake County, IL has an effective property tax rate of 2.37% with a median annual tax of $7,321. Richmond City, VA has a rate of 0.73% with a median annual tax of $1,635. The difference is 1.64 percentage points.
Which county has higher property taxes, Lake County or Richmond City?
Lake County, IL has the higher effective property tax rate at 2.37% compared to 0.73%.
How do Lake County and Richmond City compare to the national average?
The national average effective property tax rate is 1.06%. Lake County is above average at 2.37%, and Richmond City is below average at 0.73%.