Rockford area has second-highest property taxes in the country – WTVO (Rockford)

The study, by ATTOM, said the average effective tax rate on a single-family home was 0.9% nationwide in 2021. Rockford metro residents pay an effective property tax of 2.16%, second only to the Rochester, New York metro (2.22%).
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Susan
1 year ago

Woodstock IL has a property tax rate of 3.6% of full fair market value (effective tax rate).
This anomalous high tax rate, which has persisted over 15 years, has greatly depressed home and land values over 2 decades (with the slight exception of TIF properties which have benefitted at the expense of all others).
School board and municipality overspending for benefit of inner circle are the core cause of this problem.

Freddy
1 year ago

Not exactly true. The taxes as a percentage is the average but many homes have low values especially on the west side. I saw one home across from public housing that pay $98.00 per year or $8.16 per month (maybe no one lives there but not sure). When you include the $6K homeowners and $5K senior deductions that greatly reduces the tax burden of a $40 or $50K home. Other homes in the same area pay $700 (some zero) or so the % of taxes to value is very low but in many areas on the east side close to… Read more »

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