Illinois

Park City

City Park City is a city in Illinois, in Lake County.

The median owner-occupied home in Park City had a real-estate tax bill of $199 a year, compared with $5,189 in Illinois and $2,969 nationwide. Census does not publish a median home value for this place.

U.S. Census Bureau estimates for Park City, Illinois and the United States, with margins of error
MeasurePark CityIllinoisUnited States
Population 7,631 ± 562 12,692,653 332,387,540
Median annual property tax bill (homeowners) $199 $5,189 ± $19 $2,969 ± $3
Median home value Census does not publish this figure for this place $250,500 ± $863 $303,400 ± $362
Median household income $62,875 ± $7,714 $81,702 ± $363 $78,538 ± $176
Property tax as a share of home value (calculated) Census does not publish this figure for this place 2.07% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 57.9% ± 5.8 points 66.8% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older 25.4% ± 12.3 pointsrough guide only: the margin of error is 48% of the estimate 31.3% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 20.1%, margin of error ± 11.5 points) 22.1% ± 0.2 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Illinois

How it works. County tax sale of lien/certificate followed by circuit-court petition for tax deed

Excess sale money. Effective 2026 amendments create a surplus-equity fund. A former owner who loses property by issuance of a tax deed may seek an award based on property value less liens under 35 ILCS 200/21-302, subject to statutory rules

These rules are set by Illinois, not by Park City, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Illinois entry with statute links.

← Back to Lake County · Back to Illinois