Lake County Property Taxes

Lake County, Indiana

Effective Tax Rate

0.00%

65.7% above state avg

Median Annual Tax

$0

$166/mo escrow

#91 of 92 counties in Indiana

Estimate Your Tax

$
$50K$2M

Annual Tax

$0

Monthly

$0

Eff. Rate

0.93%

vs. Indiana Avg65.7% above
vs. National Avg26.1% below

At a Glance

Median Home Value

$214,700

State avg $178,101

Tax w/ Mortgage/yr

$2,129

$177/mo escrow

Tax w/o Mortgage/yr

$1,777

$148/mo

State Tax Rate Rank

#91

of 92 counties (1 = lowest)

Data Story

About Property Taxes in Lake County, Indiana

Lake County has highest tax burden

Lake County's effective tax rate of 0.925% is the highest among these eight counties and 47% above the national median of 0.630%. At $1,987 in median annual taxes, Lake County residents face substantially steeper property tax bills than most Americans.

Statewide tax outlier among peers

Lake County's 0.925% rate dwarfs Indiana's state average of 0.671% by nearly 0.25 percentage points. This makes Lake County the clear outlier in this group, likely reflecting higher municipal and school funding demands.

Significantly higher than regional peers

Lake County's 0.925% rate towers over all neighboring counties in this study: LaGrange (0.542%), Kosciusko (0.598%), Lawrence (0.604%), and Johnson (0.720%). Only Madison County (0.764%) comes close, but still falls 0.16 percentage points short.

What $214,700 home costs annually

A typical Lake County homeowner with a $214,700 home pays approximately $1,987 in annual property taxes. With mortgage, that figure rises to $2,129; without, to $1,777—among the highest tax bills in this eight-county group.

Assessment appeals carry extra weight

With Lake County's elevated tax rates, even modest assessment corrections can yield significant savings. Property tax appeals are free to file and can reduce your burden substantially—well worth exploring given the stakes.

How Lake County Compares

Median Annual Property Tax

Lake County$1,987
Indiana State Average$1,199
National Average$1,924

Lake County

0.93%

Effective rate

Indiana Avg

0.67%

Effective rate

National Avg

0.91%

Effective rate

Frequently Asked Questions

What is the property tax rate in Lake County, Indiana?
The effective property tax rate in Lake County, Indiana is 0.93%. This rate is calculated by dividing the median property tax payment by the median home value in the county.
How much are property taxes in Lake County?
The median annual property tax payment in Lake County is $1,987. Homeowners with a mortgage pay a median of $2,129, while those without a mortgage pay $1,777.
How does Lake County compare to the Indiana average?
Lake County's effective tax rate of 0.93% is higher than the Indiana state average of 0.67%. The median annual property tax in Lake County is $1,987, compared to the state average of $1,199.
What is the median home value in Lake County, Indiana?
The median home value in Lake County, Indiana is $214,700, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates.
Why is Lake County property tax rate higher than the Indiana average?
Lake County's effective property tax rate of 0.93% is higher than the Indiana average of 0.67%. This difference of 0.25% can be attributed to local funding needs for schools, infrastructure, and municipal services. Higher rates often correlate with more urbanized areas or counties with greater public service demands.
How does Lake County rank for property taxes in Indiana?
Lake County ranks #91 out of 92 counties in Indiana by effective property tax rate (1 = lowest). With a rate of 0.93% and median annual tax of $1,987, it falls in the upper third of counties statewide.

Counties with Similar Tax Rates

Nearby Counties

Other Counties in Indiana

Data updated: March 2026

Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates. Effective tax rate is calculated as median property tax divided by median home value.