I sometimes see articles saying that Illinois has the highest tax rates in the country; largely because of it's high property tax rates. But then sometimes I see studies saying that tax rates in Chicago really aren't that high; i.e., they're kind of middle-of-the-pack for large cities and definitely lower than tax rates in NYC.
This morning, the Chicago Civic Federation issued a report which, I think, explains that both of the above statements can be true. The report compares 2017 property tax rates in Chicago and 31 suburbs. And shows that rates in the suburbs are quite a bit higher than in Chicago.
2017 rates for residential properties in Chicago and 11 Cook County suburbs were
Harvey: 7.08%
Chicago Heights: 5.01%
Elgin: 3.06%
Oak Park: 2.85%
Arlington Heights: 2.47%
Schaumburg: 2.44%
Orland Park: 2.36%
Elk Grove Village: 2.33%
Evanston: 2.15%
Barrington: 2.00%
Glenview: 1.99%
Chicago: 1.74%
Rates are also shown for commercial properties, again with Chicago rates being the lowest.
Click here for the
SunTimes article.
And here for the
Civic Federation report.