How much are property taxes in Riverwoods, IL?

Homeowners in Riverwoods, IL pay a median of $10,000 or more a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $10,000 or more.

Homes without a mortgage pay a median of $10,000 or more.

Figures last updated on .

Median real estate taxes
$10,000 or more
With a mortgage
$10,000 or more
Without a mortgage
$10,000 or more

Real estate taxes in Riverwoods against Lake County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
RiverwoodsLake CountyIllinoisUnited States
Median real estate taxes$10,000 or more$8,923 (±$108)$5,298 (±$22)$3,119
Homes with a mortgage$10,000 or more$9,334 (±$147)$5,833 (±$28)$3,489
Homes without a mortgage$10,000 or more$8,093 (±$215)$4,463 (±$30)$2,576
Median home value$800,700 (±$49,740)$345,700 (±$3,502)$263,300 (±$797)$332,700

How property taxes in Riverwoods have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$714,500 (±$37,504)$800,700 (±$49,740)+12.1%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near Riverwoods

Nearest places with a published estimate, compared with Riverwoods
PlaceDistanceMedian real estate taxesCompared with this place
Riverwoods—$10,000 or more—
Bannockburn1.9 mi$10,000 or more—
Lincolnshire2.0 mi$10,000 or more—
Deerfield2.2 mi$10,000 or more—
West Deerfield Township2.5 mi$10,000 or more—
Vernon Township3.1 mi$10,000 or more—
Wheeling3.3 mi$6,029 (±$457)—
Buffalo Grove3.5 mi$10,000 or more—
Northbrook4.3 mi$10,000 or more—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Lake County, place by place

RankPlaceMedian real estate taxes
1 (tie)Libertyville$10,000 or more
1 (tie)Lincolnshire$10,000 or more
1 (tie)Long Grove$10,000 or more
1 (tie)Mettawa$10,000 or more
1 (tie)North Barrington$10,000 or more
1 (tie)Old Mill Creek$10,000 or more
1 (tie)Riverwoods$10,000 or more
1 (tie)Third Lake$10,000 or more
1 (tie)Tower Lakes$10,000 or more
1 (tie)Vernon Hills$10,000 or more
1 (tie)Cuba Township$10,000 or more
1 (tie)Ela Township$10,000 or more
1 (tie)Libertyville Township$10,000 or more

Showing 13 of 70 places in Lake County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Riverwoods

How much are property taxes in Riverwoods?

The median real estate tax paid by homeowners in Riverwoods, IL is $10,000 or more a year (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Riverwoods village, Illinois (place:64538, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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