Report: Illinois has second-highest property taxes in nation

Published February 26, 2020 1:00pm ET



It may not come as a surprise to residents that a new report again found Illinois’ property taxes were the second-highest in the nation, but the debate about how to address the problem continues, including among members of the Illinois Property Tax Relief Task Force.

Behind only New Jersey, Illinois had the second-highest property taxes in the U.S., according to the latest report from WalletHub. The consumer finance website found the average property taxes on a $205,000 home in Illinois were $4,700. The same $205,000 house in Kentucky or Indiana would come with a $1,760 property tax bill.

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