PROPERTY TAXES

The Basics

Mitava Thakkar, Husna Ali, & Lily Green

Property Taxes? Whats that?

What is Property Taxes used for?

Property Taxes are used for:

Funding for local government units

ex. counties, cities, towns, libraries, fire districts

What is the current rate in Cook County, IL?

The yearly median tax is $3,681. One of the highest median property taxes in the US.

How Often are Property Taxes Paid?

In some states its once a year and other states they pay twice a year.