Wauconda, Lake County, Illinois Property Taxes
Property Taxes in Wauconda, Illinois
Median Wauconda, Illinois effective property tax rate: 2.58%, significantly higher than the national median of 1.02%, and higher than the Illinois state median of 2.33%.
Median Wauconda, Illinois home value: $287,291
Median annual Wauconda, Illinois tax bill: $7,151, $4,751 higher than the national median property tax bill of $2,400.
How are property taxes in Lake County calculated?
Property taxes in Wauconda, 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 Wauconda's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Wauconda, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Wauconda, Lake County, Illinois Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.58%
Estimate Property Tax Bill
$7,412
$6,878
How Does the Wauconda Property Tax Calculator Work?
Use this Wauconda property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and our calculator applies Wauconda’s median effective tax rate of 2.58% — based on actual property records in Lake County — to generate your estimate.
Enter your property’s estimated assessed value — the figure the local assessment process uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. Our calculator applies Wauconda’s median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Wauconda’s median effective tax rate is higher than Illinois’ 2.33% state median tax rate, and the median property tax bill is $7,151, which is $4,751 higher than the state median bill. Your bill may vary by ZIP code within Wauconda, but the available ZIP code 60084 shows a median property tax bill of $7,151.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Wauconda.
About Wauconda Property Taxes
About Property Taxes in Wauconda, Lake, Illinois
Wauconda’s median effective property tax rate of 2.58% is higher than the Illinois state median of 2.33% and higher than the national median of 1.02%. This rate reflects Lake County levies and local district taxes that shape what homeowners pay across the city.
Property taxes are not uniform across Wauconda. The 60084 ZIP code has the same median effective rate, median home price, and median tax bill citywide, with a median tax bill of $7,151 and a median home price of $287,291. That bill is higher than the national median property tax bill of $2,400, showing how Illinois property taxes can run well above the U.S. average.
What is the property tax appeal deadline in Wauconda? Homeowners who believe their assessed value is too high can file a formal appeal by June 1, 2026.
If your estimated bill 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 Wauconda, 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 Wauconda'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 Ă· 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 Wauconda Tax Rate
2.58%
Our median effective property tax rate (tax bill Ă· 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 Wauconda, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60084 | 2.01% | 2.30% | 2.58% | 2.85% | 2.99% |
Source: Ownwell
Property Tax Assessment Values Across Wauconda, Lake County, Illinois
When examining property taxes in Wauconda, 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 Wauconda.
For example, the median home price in Wauconda is $287,291, with tax bills ranging significantly across the county. 60084 has the highest median home price at $287,291.
Property Tax Assessment Values Across Wauconda, Lake County, Illinois
Source: Ownwell
$153,792
$627,201
$1,100,609
Median Wauconda Market Value
$287,291
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 Wauconda, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60084 | $157,602 | $215,013 | $287,291 | $384,605 | $454,756 |
Source: Ownwell
Property Tax Bills Across Wauconda, Lake County, Illinois
Wauconda property tax bills are based on the assessed value of a home and the local tax rate set by taxing districts in Lake County. The bill is determined by multiplying the assessed value by the applicable tax rate, then adjusting for exemptions or other qualifying factors. Because local budgets and levies help shape the rate, two homes with similar market values can still receive different tax bills.
For homeowners, this means the property tax bill can change even if the home itself does not. In Wauconda, the median home price is $287,291, and the median property tax bill is $7,151 in ZIP code 60084. That amount is well above the national median property tax bill of $2,400, showing how property taxes in this area can place a larger burden on homeowners. Higher tax bills can affect monthly housing costs, affordability, and long-term ownership decisions.
Median Wauconda Tax Bill
$7,151
Median Lake County Tax Bill
$8,402
Median Illinois Tax Bill
$5,277
Median United States Tax Bill
$2,400
Property Tax Bills Across Wauconda, Lake County, Illinois
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 60084 | $3,548 | $5,015 | $7,151 | $10,347 | $12,315 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | June 1 |
Links | |
|---|---|
| Lake Tax Assessor | |
| Website | tax.lakecountyil.gov |