Analysis: Cook County effective property tax rates outpaced the national average in Q2 2023

Analysis: Cook County effective property tax rates outpaced the national average in Q2 2023
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Property owners in Cook County paid 2% of the value of their homes in property taxes in the second quarter of 2023, which is more than 1.8 times the national average, according to the real estate analysis posted by North Cook News.

The median sales price of a Cook County home in the second quarter of 2023 was $295,000, based on data from the 16,569 properties sold during that time. In 2023, the median tax bill for the county was $5,838, which is 2% of the median value of the homes that were taxed.

This is 1.8 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Cook County real estate data showed homeowners in Harvey, Markham, and Burnham paid the highest rates.

The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Harvey with some other cities belonging to Cook County by their median effective property tax rate, calculated using sales and property tax data from the second quarter of 2023.

City Q2 2023 Sales Q2 2023 Median Price Median tax 2023 Effective tax rate
Harvey 67 $56,000 $2,962 5.3%
Markham 63 $86,000 $4,133 4.8%
Burnham 12 $107,500 $4,853 4.5%
Park Forest 105 $130,000 $5,600 4.3%
Dolton 123 $131,000 $5,392 4.1%
Country Club Hills 77 $166,000 $6,376 3.8%
Hazel Crest 58 $134,500 $5,025 3.7%
Blue Island 36 $116,750 $4,228 3.6%
Oak Park 250 $375,000 $12,762 3.4%
Calumet City 136 $145,750 $4,832 3.3%
Ford Heights 3 $75,000 $2,440 3.3%
Flossmoor 36 $305,000 $10,060 3.3%
River Forest 51 $499,000 $16,570 3.3%
Matteson 69 $205,000 $6,844 3.3%
Olympia Fields 21 $308,000 $9,861 3.2%
Maywood 69 $233,500 $7,553 3.2%
Riverdale 56 $110,000 $3,409 3.1%
Worth 40 $169,250 $5,215 3.1%
Richton Park 56 $178,000 $5,524 3.1%
South Holland 93 $213,000 $6,302 3%
Glenwood 47 $167,000 $5,085 3%
Bellwood 68 $232,000 $6,935 3%
Chicago Ridge 53 $130,000 $3,917 3%
Homewood 106 $212,750 $6,077 2.9%
Thornton 8 $138,250 $3,901 2.8%
Riverside 45 $465,000 $13,095 2.8%
Berkeley 23 $264,500 $7,358 2.8%
Buffalo Grove 84 $254,500 $7,060 2.8%
Lansing 110 $182,500 $4,850 2.7%
Lynwood 26 $212,500 $5,830 2.7%
Oak Forest 105 $251,500 $6,796 2.7%
Forest Park 75 $255,000 $7,000 2.7%
Stone Park 7 $255,000 $6,782 2.7%
Schiller Park 35 $235,000 $6,010 2.6%
Bartlett 59 $325,000 $8,509 2.6%
Barrington Hills 8 $791,000 $20,052 2.5%
Tinley Park 229 $266,000 $6,752 2.5%
Berwyn 152 $310,000 $7,605 2.5%
Cicero 119 $255,000 $6,277 2.5%
Northlake 24 $224,500 $5,668 2.5%
Bridgeview 51 $248,000 $6,240 2.5%
Hillside 21 $260,000 $6,542 2.5%
Palos Park 27 $362,500 $8,820 2.4%
Midlothian 63 $220,000 $5,225 2.4%
Hickory Hills 34 $267,500 $6,552 2.4%
Alsip 74 $225,500 $5,383 2.4%
Broadview 28 $231,000 $5,552 2.4%
Inverness 31 $660,000 $15,008 2.3%
Posen 29 $150,000 $3,497 2.3%
Chicago Heights 102 $181,000 $4,195 2.3%
Elmwood Park 83 $340,000 $7,910 2.3%
River Grove 32 $275,250 $6,342 2.3%
Lyons 37 $210,000 $4,823 2.3%
Summit 19 $245,000 $5,714 2.3%
Brookfield 84 $324,000 $7,585 2.3%
Hoffman Estates 155 $354,000 $7,631 2.2%
Orland Hills 13 $291,000 $6,291 2.2%
Phoenix 10 $112,500 $2,470 2.2%
East Hazel Crest 2 $184,000 $4,040 2.2%
Palatine 277 $320,000 $7,153 2.2%
Arlington Heights 294 $387,500 $8,715 2.2%
Justice 23 $247,000 $5,439 2.2%
Palos Heights 71 $350,000 $7,539 2.2%
La Grange Park 45 $405,000 $9,065 2.2%
Morton Grove 97 $360,000 $7,906 2.2%
Glencoe 42 $1,092,500 $23,501 2.2%
Forest River 2 $337,500 $7,395 2.2%
Northbrook 159 $552,500 $11,958 2.2%
Streamwood 141 $265,000 $5,892 2.2%
Hanover Park 46 $291,000 $6,283 2.2%
Roselle 6 $296,000 $6,365 2.2%
Evergreen Park 85 $257,000 $5,621 2.2%
Burbank 89 $265,000 $5,717 2.2%
Stickney 24 $260,250 $5,727 2.2%
Orland Park 255 $340,000 $7,224 2.1%
South Chicago Heights 14 $135,000 $2,784 2.1%
Rolling Meadows 91 $285,000 $6,062 2.1%
Schaumburg 304 $282,500 $6,037 2.1%
Mount Prospect 191 $385,000 $8,077 2.1%
Evanston 253 $395,000 $8,425 2.1%
Elgin 74 $250,000 $5,150 2.1%
Oak Lawn 262 $250,000 $5,282 2.1%
Sauk Village 50 $134,500 $2,686 2%
Franklin Park 49 $283,000 $5,649 2%
Melrose Park 39 $275,000 $5,434 2%
Park Ridge 165 $500,000 $9,889 2%
Palos Hills 72 $217,500 $4,392 2%
Westchester 92 $311,250 $6,134 2%
North Riverside 29 $310,000 $6,185 2%
Wheeling 106 $276,500 $5,606 2%
South Barrington 17 $960,000 $18,524 1.9%
Dixmoor 6 $73,000 $1,391 1.9%
Willow Springs 23 $356,000 $6,764 1.9%
Crestwood 49 $161,000 $2,984 1.9%
Burr Ridge 31 $575,000 $11,133 1.9%
Hinsdale 11 $985,000 $18,959 1.9%
Western Springs 57 $650,000 $12,333 1.9%
La Grange 70 $606,000 $11,238 1.9%
Countryside 22 $292,500 $5,580 1.9%
Bedford Park 2 $307,500 $5,717 1.9%
Des Plaines 279 $265,000 $5,119 1.9%
Elk Grove Village 118 $325,000 $6,077 1.9%
Northfield 33 $665,000 $12,717 1.9%
Skokie 190 $380,000 $7,052 1.9%
Lincolnwood 50 $465,000 $8,732 1.9%
Barrington 36 $550,000 $9,646 1.8%
Lemont 67 $410,000 $7,585 1.8%
Niles 90 $340,000 $6,289 1.8%
Robbins 8 $122,500 $2,228 1.8%
Prospect Heights 44 $408,500 $7,367 1.8%
Hometown 17 $190,000 $3,390 1.8%
Norridge 53 $355,500 $6,128 1.7%
Harwood Heights 24 $360,000 $6,120 1.7%
Indian Head Park 37 $330,000 $5,461 1.7%
La Grange Highlands 10 $425,000 $7,030 1.7%
Glenview 240 $575,000 $9,819 1.7%
Calumet Park 15 $187,000 $3,089 1.7%
Wilmette 131 $865,000 $14,668 1.7%
Winnetka 71 $1,442,500 $25,161 1.7%
Elmhurst 2 $237,500 $3,782 1.6%
Kenilworth 17 $2,150,000 $34,274 1.6%
Merrionette Park 6 $202,000 $3,191 1.6%
Chicago 7,537 $305,000 $4,621 1.5%
Glenbrook Countryside 6 $549,500 $8,177 1.5%
Steger 21 $165,000 $2,014 1.2%
Rosemont 2 $612,500 $6,847 1.1%
Mission Hills Estates 9 $515,000 $5,904 1.1%
Deercrest Estates 3 $686,000 $6,110 0.9%


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