Estimated Effective Property Tax Rates 2000-2009: Selected Municipalities in Northeastern Illinois

September 19, 2011

This report compares effective property tax rates in selected communities around metropolitan Chicago and finds that all communities’ effective tax rates for residential properties rose between tax year 2008 and 2009 for each of the 32 municipalities studied. The 2009 effective rates for nearly all communities were also higher they were ten years ago, except in the City of Chicago. Effective tax rates for residential properties in Chicago were 1.4% lower in 2009 than in tax year 2000 while effective rates for commercial properties in Chicago fell by 37.3% over the same period.

Read the press release for this report here.