Chicago Property Taxes

Post on 12-Feb-2016

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A ward-by-ward breakdown of the amount of property taxes paid in each of Chicago's 50 wards.

Transcript of Chicago Property Taxes

2015 PROPERTY TAXES BY WARDChicago property owners — homeowners and businesses — were billed more than $4.4 billion for property taxes last year by the city, the Chicago Board of Education, Cook County and other government bodies. The 42nd Ward had the city’s heaviest property-tax burden. And it will grow this year when city residents are hit with Mayor Rahm Emanuel’s property-tax hike. The tax increase won’t have as much impact on many wards where median home values are below $200,000. Cook County Assessor Joseph Berrios sets those values — usually far below market value. Property owners then pay taxes on 10 percent of the assessor’s value.

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Median Market AV

LegendWARDS_2015Median

less than $50,000

$50,000 - $100,000

$100,000 - $200,000

greater than $200,000

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Median Market AV

LegendWARDS_2015Median

less than $50,000

$50,000 - $100,000

$100,000 - $200,000

greater than $200,000

Ward Total prop. taxes Median home value1 ................ $90,574,844 ..........$117,7002 ...............$237,645,661 .......$226,8003 ..............$103,933,764 .........$99,5304 ............. $100,436,967 ..........$121,7355 ................ $48,842,155 .........$75,0006 ................$32,204,091 ......... $48,2907................. $29,877,198 ..........$48,3228 ................$41,682,068 .......... $44,1009 ............... $30,660,051 .......... $35,15010 ...............$34,201,866 ......... $24,68011 ............... $69,543,735 ..........$97,35012 ............... $37,897,923 ..........$61,50013 .............. $42,883,484 .........$53,66014 ...............$44,252,824 ......... $52,04915 ..............$20,220,385 ......... $42,63616 ..............$26,979,684 ...........$37,24717 ..............$25,689,202 .......... $37,62218 ................$46,618,153 .........$40,95019 ............... $71,626,673 ......... $89,23620 .............$25,599,449 .........$49,89821 ................. $34,677,411 ......... $44,64022 ..............$27,594,769 ........... $57,94123 ............. $45,842,225 .........$56,06024 ..............$26,460,519 .........$58,00025 ............. $97,393,893 ......... $93,75026 .............. $43,715,226 ......... $82,82227 .............$129,146,726 ......... $84,62028 ..............$50,205,143 ..........$67,39829 .............$50,340,356 .........$66,50030 ...............$51,093,561 ..........$77,00531 ..............$48,482,298 .........$75,60032 ............$156,335,454 ......... $182,44133 ..............$64,404,129 ........$106,87034 .............. $31,083,277 .......... $36,83135 .............. $47,018,506 ......... $84,36036 ..............$51,053,346 ..........$79,54537 ................$34,121,740 ......... $54,43038 .............$70,542,005 ......... $76,30039 ............. $86,365,974 ..........$97,80040 .............. $77,774,365 ........ $132,75041 ...............$113,165,078 ........ $99,00042 ............$1,136,471,103 ........ $278,17043 ............$210,580,327 ........$234,76344 ............ $147,294,026 ........$210,67045 .............$85,554,088 .........$86,40046 ............... $81,304,241 ........ $178,53047 ............$133,825,706 ........ $185,72048 ...............$68,812,319 ........$129,88049 .............. $47,425,267 ........$106,83050 .............$59,723,828 ..........109,620

TOTAL PROPERTY TAX COLLECTION (in millions by ward, 2015)

MEDIAN ASSESSOR’S MARKET VALUE FOR RESIDENTIAL PROPERTY

Includes taxes collected on residential, commercial and vacant properties

Less than 31

31-4242-4747-6060-8181-113

113-238more than 238

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Median Market AV

LegendWARDS_2015Median

less than $50,000

$50,000 - $100,000

$100,000 - $200,000

greater than $200,000

Less than $50,000$50,000-$100,000$100,000-$200,000Greater than $200,000

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