That’s what the Chicago Tribune is reporting a California company finds.
Illinois has the highest median property tax rate in the nation, with various agencies and entities taking a combined 2.67 percent bite, according to a CoreLogic analysis of real estate property taxes nationwide.
Nationally, the median property tax rate is 1.31 percent, said the Irvine, Calif.-based data provider to financial services and real estate companies. That means that a home valued at $200,000 will, on average, pay annual total property taxes of $2,620.
In Illinois, that homeowner would pay $5,340…
After Illinois, the states with the highest median property tax rates are: New York, 2.53 percent; New Hampshire, 2.4 percent; and New Jersey, 2.37 percent.
Divide your property tax bill by what you could sell your home for and tell us in the comment section what your percentage is.