Chicago suburbs  ·  2020–2024 Census data

Vernon Hills Property Tax
Rate & Typical Bill

Homeowners in Vernon Hills, Lake County, pay about 2.54% of their home's value in property tax each year. The median bill is $10,000+.

Vernon Hills, IL

Effective rate
2.54%
Median tax bill
$10,000+
Median home value
$412,300
Owner-occupied homes
7,436
Rank in Lake County (1 = highest)
15 of 47

Lake County average: 2.26%

Estimated Yearly Tax by Home Value

At Vernon Hills's typical rate of 2.54%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$6,343
$350,000$8,880
$450,000$11,417
$600,000$15,222
$800,000$20,297

Can You Deduct It?

A family with a $412,300 home in Vernon Hills pays about $10,460 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $16,400 — 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.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
LincolnshireLake2.38%$10,000+
Long GroveLake1.98%$10,000+
MundeleinLake2.38%$8,404
LibertyvilleLake2.23%$10,000+
Buffalo GroveLake2.56%$10,000+
Forest LakeLake1.88%$6,185

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Vernon Hills, IL?

Homeowners in Vernon Hills pay a typical effective property tax rate of 2.54% of home value per year. The median annual bill is $10,000+ and the median home value is $412,300 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Vernon Hills?

About $10,148 per year at Vernon Hills's typical rate of 2.54%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Vernon Hills higher than the Lake County average?

Vernon Hills's typical rate of 2.54% is higher than the Lake County average of 2.26%.

Can I deduct property taxes paid in Vernon Hills on my 2026 federal return?

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.

Let a CPA Run Your Numbers

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