Fox River Grove, Lake County, Illinois Property Taxes
Property Taxes in Fox River Grove, Illinois
Median Fox River Grove, Illinois effective property tax rate: 2.31%, significantly higher than the national median of 1.02%, and slightly lower than the Illinois state median of 2.33%.
Median Fox River Grove, Illinois home value: $552,935
Median annual Fox River Grove, Illinois tax bill: $12,727, higher than the national median property tax bill of $2,400.
How are property taxes in Lake calculated?
Property taxes in Fox River Grove, Illinois 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 Fox River Grove's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fox River Grove, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Fox River Grove, Lake County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.31%
Estimate Property Tax Bill
$12,773
$11,853
How Does the Fox River Grove Property Tax Calculator Work?
Use this Fox River Grove property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Fox River Grove's median effective tax rate of 2.31% — based on actual property records in Lake County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local assessor uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Fox River Grove's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Fox River Grove: rates range from 2.31% in 60021 to 2.31% in 60021, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Fox River Grove.
About Fox River Grove Property Taxes
About Property Taxes in Fox River Grove, Lake, Illinois
Fox River Grove's median effective property tax rate of 2.31% is lower than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects the Lake County base levy combined with local school district levies and Special service areas (SSAs) that vary by subdivision throughout the city.
Property tax rates are not uniform across Fox River Grove. Homeowners in the 60021 ZIP code carry a median effective rate of 2.31%, while those in the same ZIP code pay 2.31%. This spread reflects how school district boundaries and local assessment districts are drawn across Lake County. Understanding which part of Fox River Grove you live in can make a meaningful difference to your annual tax bill.
Fox River Grove homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before June 1, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Fox River Grove, Lake County, Illinois
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because 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.
Below, you can compare Fox River Grove's effective property tax rate to other cities in Illinois and the median property tax rates in Illinois and the U.S.
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 Fox River Grove Tax Rate
2.31%
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 Lake County Tax Rate
2.61%
Median Effective Illinois Tax Rate
2.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fox River Grove, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60021 | 2.21% | 2.29% | 2.31% | 2.32% | 2.32% |
Source: Ownwell
Property Tax Assessment Values Across Fox River Grove, Lake County, Illinois
When examining property taxes in Fox River Grove, Illinois, 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 the month when notices are sent.
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 Fox River Grove.
For example, the median home price in Fox River Grove is $552,935, with tax bills ranging significantly across the county. 60021 has the highest median home price at $552,935.
Property Tax Assessment Values Across Fox River Grove, Lake County, Illinois
Source: Ownwell
$153,792
$627,201
$1,100,609
Median Fox River Grove Market Value
$552,935
Median Lake County Market Value
$317,980
Median Illinois Market Value
$227,888
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fox River Grove, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60021 | $398,902 | $448,219 | $552,935 | $603,851 | $643,132 |
Source: Ownwell
Property Tax Bills Across Fox River Grove, Lake County, Illinois
How are property tax bills calculated in Fox River Grove?
Property tax bills in Fox River Grove are based on the assessed value of a home and the local tax rate set by taxing authorities. When a home’s market value rises, the assessed value can increase, which may lead to a higher tax bill. The median home price is $552,935, and property taxes in the area are substantial compared with the national median property tax rate of 1.02% and the national median property tax bill of $2,400.
What factors affect the amount a homeowner pays?
Several factors can influence the final bill, including the home’s assessed value, local levy rates, and any exemptions a homeowner may qualify for. In Fox River Grove, the 25th percentile tax bill is $10,373, the 75th percentile is $13,836, and the 90th percentile is $14,779. The median tax bill is $12,727 in ZIP code 60021.
How does this affect homeowners?
Higher property taxes can significantly increase annual housing costs, making it important for homeowners to understand how their bill is calculated and whether their assessment reflects market value accurately.
Median Fox River Grove Tax Bill
$12,727
Median Lake County Tax Bill
$8,402
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Fox River Grove, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60021 | $9,049 | $10,373 | $12,727 | $13,836 | $14,779 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Lake Tax Assessor | |
| Website | tax.lakecountyil.gov |