Lake County, IL vs Somerset County, NJ
Property Tax Rate Comparison 2025
Quick Answer
Lake County, IL: 2.37% effective rate · $7,321/yr median tax · median home $308,906
Somerset County, NJ: 2.57% effective rate · $7,697/yr median tax · median home $299,507
Side-by-Side Comparison
| Metric | Lake County, IL | Somerset County, NJ | National Avg |
|---|---|---|---|
| Effective Tax Rate | 2.37% | 2.57% | 1.06% |
| Median Annual Tax | $7,321 | $7,697 | $2,778 |
| Median Home Value | $308,906 | $299,507 | $268,728 |
| Population | 714,342 | 345,361 | — |
Lake County, IL
- Effective Rate
- 2.37%
- Median Annual Tax
- $7,321
- Median Home Value
- $308,906
- Population
- 714,342
Somerset County, NJ
- Effective Rate
- 2.57%
- Median Annual Tax
- $7,697
- Median Home Value
- $299,507
- Population
- 345,361
Frequently Asked Questions
What is the property tax difference between Lake County and Somerset County?
Lake County, IL has an effective property tax rate of 2.37% with a median annual tax of $7,321. Somerset County, NJ has a rate of 2.57% with a median annual tax of $7,697. The difference is 0.20 percentage points.
Which county has higher property taxes, Lake County or Somerset County?
Somerset County, NJ has the higher effective property tax rate at 2.57% compared to 2.37%.
How do Lake County and Somerset 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 Somerset County is above average at 2.57%.