Sky-High Property Taxes: 4 Illinois Cities Are Highest In The U.S. – WROK (Rockford)

Sky-High Property Taxes: 4 Illinois Cities Are Highest In The U.S. – WROK (Rockford)

According to a report by Attom Data, the average Rockford resident pays nearly 2.1 percent of their home value in property taxes every year (about $4,500). Last year Rockford had the nation’s second-highest taxes, beaten only by Akron, Ohio. The Chicago metro area took 2nd place with an effective rate of 1.91 percent and a tax bill of nearly $7,800. Peoria took 3rd in the nation with a rate of 1.89 percent and Champaign-Urbana took 4th with 1.88…