1. States
  2. /Illinois
  3. /Lake & McHenry County
  4. /Island Lake
CSAChicago-NapervilleMSAChicago-Naperville-Elgin#134/303 Income

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Showing latest tax year with year-over-year changes. Full rate history available with a paid plan. View plans →

Property Tax — Tax Year 2024 (payable 2025)i

IL DOR

Composite Ratei

7.03%–7.99%-9.1%YoY

Varies by school district

Municipal Portioni

0.6051%-8.5%YoY8.1% of total

Effective Ratei

2.34%–2.66%

Est. Annual Taxi

$6K–$7K

Median Home Valuei

$262,500

Total Leviedi

$291.7M

Tax Per Capitai

$88

Municipal Revenuei

$1.5M17.6% of total rev

Rate varies by school district. Your actual rate depends on which school district your property falls in.

Rate Trend — click a year to explorei

20232024
Municipal
Other Districts

Where Your Tax Dollar Goesi

$0.67 U 118 (Lake)
$0.54 E 15 (McHenry)
$0.26 H 156
$0.11 Lake Co
$0.08 Island Lake
$0.04 Jc 528
$0.02 Lake Co Fst Prsv Dist
$0.02 Ela Twp

Estimated Tax by Home Valuei

$150K

$3,515–$3,996

$200K

$4,687–$5,329

$250K

$5,858–$6,661

$300K

$7,030–$7,993

$350K

$8,202–$9,325

$400K

$9,373–$10,657

$450K

$10,545–$11,989

Highlighted value is closest to median home value ($263K)

8 Overlapping Taxing Districtsi

U 118 (Lake)Unit K-12i
67.3%5.0531%
$46.0M levied
E 15 (McHenry)Elementaryi
53.6%4.0295%
$1.1M levied
H 156High Schooli
26.4%1.9866%
$54K levied
Lake Coi
10.8%0.8129%
$185.7M levied
Island Lakei
8.1%0.6051%
$701K levied
Jc 528Community Collegei
3.5%0.2601%
$140K levied
Lake Co Fst Prsv Disti
2.2%0.1616%
$53.9M levied
Ela Twpi
1.8%0.1371%
$4.1M levied