THE CENTER SQUARE – Illinois property taxes have far outpaced household incomes and home values since 1990, a Wirepoints analysis shows. Tax bills per household have grown 268% since 1990, while average home values have grown 114%. According to the nonprofit Wirepoints, the average household now owes nearly $4,400 in residential taxes each year, up from $1,200 in 1990. In 2020, property taxes ate up 5.9% of median household incomes in Illinois. Thirty years ago, property tax bills consumed just 3.6% of incomes. Wirepoints president Ted Dabrowski said Gov. J.B. Pritzker promised to address property taxes when he was elected, but it hasn’t happened. “We only see new bills and new laws come out of Springfield, and they always raise spending and they always raise property taxes and they always raise pension costs, so there is nothing good there for taxpayers,” Dabrowski said. As for their impact on home prices, Dabrowski said property taxes have contributed
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