May 21, 2024
Property

More bad news on property taxes, and it isn’t the last — Mark Glennon

Illinois’ 2023 effective property tax rate – taxes paid as a share of median home value – is 1.88%, highest in the nation and up from 1.78% the prior year. Vertigo3d/Getty Images Mark Glennon Syndicated If only somebody had good news about property taxes, which have long been a hot button issue in Illinois. But

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Property

U.S. property taxes increased twice as fast in 2023 compared to prior year

U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This is according to an analysis conducted by Attom, based on property tax data collected from county tax assessor offices nationwide at the state,

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