Here’s how much Chicagoans pay in property taxes

by Joe Ward

Chicago-area homeowners pay some of the highest property taxes in the country.

Local taxing authorities raked in over $12.3 billion in property taxes last year, the second most of any housing market in the country behind New York City’s $30 billion, according to recent tax information released Thursday by ATTOM Data. With an effective tax rate of 2.15, the Chicago statistical area ranks 22nd out of 217 markets for its tax rates. In fact, five counties in Chicago’s metropolitan statistical area are in the top 26 in the highest tax rates by county, according to the study.

Here is a breakdown of Chicago-area tax data for 2016, including information on the housing market and by county:

City/county No. of home units No. of single family homes Average home value Average property tax bill Effective rate Rank
Chicago 3.8 million 2.1 million $269,749 $5,812 2.15 22/217
Lake 260,834 198,629 $331,609 $8,828 2.66 23/586
Cook 2.1 million 850,433 $182,368 $5,660 2 89/586
DuPage 356,625 261,322 $366,728 $7,686 2.1 77/586
McHenry 116,534 104,448 $224,956 $6,335 2.82 15/586
Kane 182,852 134,136 $247,186 $6,432 2.6 26/586
Will 238,521 223,482 $234,469 $5,398 2.3 48/586
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