How Chicago's property tax rate compares

Written By sswerdlow Posted: 04/08/2014, 10:35am

Though Mayor Rahm Emanuel removed a reqirement from his pension bill that would raise Chicago property taxes, homeowners in the city actually pay one of the lowest rates among many municipalities in the Chicago area, as reported by the Civic Federation. 

Click on a municipality below to see its effective residential property tax rate. An effective property tax rate is an estimate of the percentage of a property’s full market value owed in property taxes in a given year.

And here is a chart showing how Chicago’s effective property tax rate compares: 



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