Homeowners in Lynwood, Cook County, pay about 2.63% of their home's value in property tax each year. The median bill is $6,966.
At Lynwood's typical rate of 2.63%. Exemptions lower the real bill.
| Home value | Property tax (estimate) |
|---|---|
| $250,000 | $6,569 |
| $350,000 | $9,197 |
| $450,000 | $11,824 |
| $600,000 | $15,766 |
| $800,000 | $21,021 |
A family with a $218,000 home in Lynwood pays about $5,728 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $11,668 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.
| Town | County | Rate | Median bill |
|---|---|---|---|
| Sauk Village | Cook | 2.01% | $2,487 |
| Lansing | Cook | 2.58% | $4,950 |
| Glenwood | Cook | 2.42% | $5,843 |
| Chicago Heights | Cook | 2.40% | $4,248 |
| Thornton | Cook | 1.46% | $4,130 |
| Steger | Cook | 2.15% | $3,560 |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.
Homeowners in Lynwood pay a typical effective property tax rate of 2.63% of home value per year. The median annual bill is $6,966 and the median home value is $218,000 (U.S. Census ACS 2020–2024).
About $10,510 per year at Lynwood's typical rate of 2.63%. The homeowner exemption and other exemptions lower the actual bill.
Lynwood's typical rate of 2.63% is higher than the Cook County average of 1.73%.
Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.
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