1
2015 PROPERTY TAXES BY WARD Chicago 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. 41 4 39 38 27 11 28 1 29 45 25 12 2 22 24 37 40 36 47 32 50 30 42 26 33 31 43 35 46 49 44 48 10 9 8 4 7 3 6 5 19 18 34 39 27 11 14 23 28 21 1 20 29 45 25 13 12 17 2 22 24 16 37 40 36 47 32 50 30 42 26 33 31 15 43 35 46 49 44 48 Ward Total prop. taxes Median home value 1 ................ $90,574,844 .......... $117,700 2 ...............$237,645,661 .......$226,800 3 .............. $103,933,764 ......... $99,530 4 ............. $100,436,967 ..........$121,735 5 ................ $48,842,155 ......... $75,000 6 ................$32,204,091 ......... $48,290 7................. $29,877,198 ..........$48,322 8 ................$41,682,068 .......... $44,100 9 ............... $30,660,051 .......... $35,150 10 ............... $34,201,866 ......... $24,680 11 ............... $69,543,735 .......... $97,350 12 ............... $37,897,923 .......... $61,500 13 .............. $42,883,484 ......... $53,660 14 ............... $44,252,824 ......... $52,049 15 ..............$20,220,385 ......... $42,636 16 .............. $26,979,684 ...........$37,247 17 ..............$25,689,202 .......... $37,622 18 ................ $46,618,153 ......... $40,950 19 ............... $71,626,673 ......... $89,236 20 ............. $25,599,449 ......... $49,898 21 ................. $34,677,411 ......... $44,640 22 ..............$27,594,769 ........... $57,941 23 ............. $45,842,225 ......... $56,060 24 ..............$26,460,519 .........$58,000 25 ............. $97,393,893 ......... $93,750 26 .............. $43,715,226 ......... $82,822 27 ............. $129,146,726 ......... $84,620 28 .............. $50,205,143 .......... $67,398 29 .............$50,340,356 ......... $66,500 30 ...............$51,093,561 .......... $77,005 31 .............. $48,482,298 ......... $75,600 32 ............ $156,335,454 ......... $182,441 33 .............. $64,404,129 ........ $106,870 34 .............. $31,083,277 .......... $36,831 35 .............. $47,018,506 ......... $84,360 36 .............. $51,053,346 ..........$79,545 37 ................$34,121,740 ......... $54,430 38 .............$70,542,005 ......... $76,300 39 ............. $86,365,974 .......... $97,800 40 .............. $77,774,365 ........ $132,750 41 ............... $113,165,078 ........ $99,000 42 ............ $1,136,471,103 ........ $278,170 43 ............$210,580,327 ........$234,763 44 ............ $147,294,026 ........ $210,670 45 .............$85,554,088 ......... $86,400 46 ............... $81,304,241 ........ $178,530 47 ............ $133,825,706 ........ $185,720 48 ...............$68,812,319 ........$129,880 49 .............. $47,425,267 ........$106,830 50 ............. $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 31-42 42-47 47-60 60-81 81-113 113-238 more than 238 Less than $50,000 $50,000-$100,000 $100,000-$200,000 Greater than $200,000 44 43 42 2

Chicago Property Taxes

  • Upload
    jroneill

  • View
    60.916

  • Download
    0

Embed Size (px)

DESCRIPTION

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

Citation preview

Page 1: 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.

109

41

8

4

7

3

6

5

19

18

34

39

38

27

11

14

23

28

21

1

20

29

45

25

13

12

17

2

22

24

16

37

40

36

47

32

50

30

42

26

33

31

15

43

35

46

49

44

48

Median Market AV

LegendWARDS_2015Median

less than $50,000

$50,000 - $100,000

$100,000 - $200,000

greater than $200,000

109

41

8

4

7

3

6

5

19

18

34

39

38

27

11

14

23

28

21

1

20

29

45

25

13

12

17

2

22

24

16

37

40

36

47

32

50

30

42

26

33

31

15

43

35

46

49

44

48

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

109

41

8

4

7

3

6

5

19

18

34

39

38

27

11

14

23

28

21

1

20

29

45

25

13

12

17

2

22

24

16

37

40

36

47

32

50

30

42

26

33

31

15

43

35

46

49

44

48

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

44

43

42

2