property taxes

No. 2 no more: Illinois property taxes rank highest in U.S.

By Charlotte Rotkis
07/25/2025
Illinois just ranked as having the highest property tax rate in the country. Property taxes in Illinois are an especially heavy burden without the tradeoff seen in states such as Texas or New Hampshire, where there are either no sales taxes or income taxes.

TAGS: property taxes

Cook County property tax bills up 78% as values rise 7%

By Patrick Andriesen, Jon Josko
03/27/2025
Typical property tax bill increased 78% on a Cook County residence since 2007. Median property values only rose 7.3%. That leaves residents paying $2,558 more a year in property taxes while their biggest investment fails to keep up with inflation.

TAGS: property taxes