Buffalo Grove Property Tax Rate
Lake County, Illinois
Buffalo Grove is located in Lake County, Illinois. Homeowners in Buffalo Grove pay a median of $10,001 per year in property taxes on a home valued at $392,900, resulting in an effective tax rate of 2.55%. This is 1% lower than the Lake County average of 2.58%.
2.55%
vs 2.58% county avg
$10,001
Per year
$392,900
2024 estimate
42,824
Buffalo Grove, IL
How Buffalo Grove Compares
Cities in Lake County
Compare property tax rates for 8 cities in Lake County, Illinois.
| City | Annual Tax | Rate |
|---|---|---|
| Round Lake Beach | $5,632 | 2.95% |
| Mundelein | $7,894 | 2.76% |
| Vernon Hills | $10,001 | 2.60% |
| Waukegan | $4,559 | 2.57% |
| Buffalo Grove | $10,001 | 2.55% |
| North Chicago | $3,757 | 2.54% |
| Gurnee | $8,272 | 2.50% |
| Highland Park | $10,001 | 1.68% |
About Property Taxes in Buffalo Grove
Property taxes in Buffalo Grove are collected by Lake County. Tax exemptions available to Lake County residents — including homestead, senior, and disability exemptions — also apply to homeowners in Buffalo Grove. For detailed information on available exemptions and the county tax collector, see the Lake County property tax page.
Property Tax Calculator
Estimate your annual property tax in Buffalo Grove
Estimated Annual Property Tax
$7,650
$638/month · Rate: 2.55%
Lake County Property Taxes
County-level data, exemptions, historical trends, and tax collector info.
View county details →Illinois Property Taxes
Statewide rates, all 102 counties, and exemptions.
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Data Source: U.S. Census Bureau, 2024 American Community Survey 5-Year Estimates. City-level tax data is derived from Census place-level statistics. Effective tax rates are calculated by dividing median real estate taxes paid by median home value. Actual property tax rates may vary based on local taxing jurisdictions, exemptions, and assessment practices. This information is for general reference only and should not be used as a substitute for professional tax advice.