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.