Your Property Taxes with Cook County Treasurer Maria Pappas: Thirty Years of Runaway Property Taxes Demand Action
Since I came into this office in 1998, there’s been one constant, the inexorable rise of property tax bills. To better understand why, my office conducted a 30-year analysis of property tax data. The findings make clear the current system is broken.
Over the past three decades, property taxes in Cook County have increased by nearly 182%, rising from $6.8 billion in 1995 to $19.2 billion in 2024. That’s twice the rate of inflation, which rose by 91% during that same period…