The median sales price of a Cook County home in the third quarter of 2023 was $300,000, based on data from the 16,001 properties sold during that time. In 2023, the median tax bill for the county was $5,838, which is 2% of the median value of the homes that were taxed.
This is 1.8 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Cook County real estate data showed homeowners in Park Forest, Dolton, and Calumet City paid the highest rates.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Park Forest with some other cities belonging to Cook County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2023.
City | Q3 2023 Sales | Q3 2023 Median Price | Median tax 2023 | Effective tax rate |
---|---|---|---|---|
Park Forest | 94 | $127,500 | $5,600 | 4.4% |
Dolton | 120 | $128,500 | $5,392 | 4.2% |
Calumet City | 139 | $135,000 | $4,832 | 3.6% |
Burnham | 15 | $140,000 | $4,853 | 3.5% |
Country Club Hills | 85 | $180,000 | $6,376 | 3.5% |
Matteson | 63 | $200,000 | $6,844 | 3.4% |
Harvey | 73 | $88,500 | $2,962 | 3.3% |
Flossmoor | 40 | $308,750 | $10,060 | 3.3% |
Maywood | 47 | $230,000 | $7,553 | 3.3% |
Oak Park | 232 | $385,250 | $12,762 | 3.3% |
Forest View | 4 | $195,000 | $6,400 | 3.3% |
Countryside | 25 | $173,000 | $5,580 | 3.2% |
Bellwood | 45 | $215,000 | $6,935 | 3.2% |
River Forest | 52 | $535,000 | $16,570 | 3.1% |
Markham | 44 | $139,500 | $4,133 | 3% |
Lansing | 123 | $160,000 | $4,850 | 3% |
Homewood | 106 | $207,000 | $6,077 | 2.9% |
Riverdale | 38 | $118,750 | $3,409 | 2.9% |
Hazel Crest | 64 | $175,000 | $5,025 | 2.9% |
South Holland | 61 | $225,000 | $6,302 | 2.8% |
Olympia Fields | 18 | $352,750 | $9,861 | 2.8% |
Midlothian | 57 | $185,000 | $5,225 | 2.8% |
Kenilworth | 13 | $1,225,000 | $34,274 | 2.8% |
Thornton | 15 | $145,000 | $3,901 | 2.7% |
Glenwood | 44 | $187,000 | $5,085 | 2.7% |
Chicago Heights | 117 | $155,000 | $4,195 | 2.7% |
Richton Park | 36 | $207,500 | $5,524 | 2.7% |
Buffalo Grove | 67 | $260,000 | $7,060 | 2.7% |
Bartlett | 61 | $321,000 | $8,509 | 2.7% |
Oak Forest | 85 | $260,000 | $6,796 | 2.6% |
Berkeley | 14 | $285,000 | $7,358 | 2.6% |
Forest Park | 68 | $268,750 | $7,000 | 2.6% |
Stone Park | 12 | $258,750 | $6,782 | 2.6% |
Hillside | 29 | $255,000 | $6,542 | 2.6% |
Blue Island | 44 | $168,000 | $4,228 | 2.5% |
Cicero | 98 | $248,500 | $6,277 | 2.5% |
Burr Ridge | 15 | $445,000 | $11,133 | 2.5% |
Barrington Hills | 11 | $851,000 | $20,052 | 2.4% |
Tinley Park | 215 | $280,000 | $6,752 | 2.4% |
Berwyn | 135 | $320,000 | $7,605 | 2.4% |
Schiller Park | 41 | $249,000 | $6,010 | 2.4% |
Worth | 44 | $218,000 | $5,215 | 2.4% |
Alsip | 57 | $228,000 | $5,383 | 2.4% |
Calumet Park | 32 | $127,500 | $3,089 | 2.4% |
Prospect Heights | 47 | $305,000 | $7,367 | 2.4% |
Orland Hills | 19 | $275,000 | $6,291 | 2.3% |
Lynwood | 20 | $256,500 | $5,830 | 2.3% |
Palatine | 283 | $305,000 | $7,153 | 2.3% |
Palos Park | 28 | $390,000 | $8,820 | 2.3% |
Elmwood Park | 81 | $341,000 | $7,910 | 2.3% |
River Grove | 25 | $277,000 | $6,342 | 2.3% |
Lyons | 30 | $211,750 | $4,823 | 2.3% |
Summit | 18 | $243,750 | $5,714 | 2.3% |
Brookfield | 68 | $336,250 | $7,585 | 2.3% |
Bridgeview | 42 | $270,000 | $6,240 | 2.3% |
Northbrook | 173 | $525,000 | $11,958 | 2.3% |
Hoffman Estates | 183 | $340,000 | $7,631 | 2.2% |
Robbins | 8 | $103,500 | $2,228 | 2.2% |
Mount Prospect | 168 | $375,000 | $8,077 | 2.2% |
Riverside | 35 | $605,000 | $13,095 | 2.2% |
Chicago Ridge | 45 | $175,500 | $3,917 | 2.2% |
Orland Park | 263 | $339,000 | $7,224 | 2.1% |
Inverness | 25 | $720,000 | $15,008 | 2.1% |
Schaumburg | 313 | $290,000 | $6,037 | 2.1% |
Justice | 29 | $258,000 | $5,439 | 2.1% |
La Grange | 64 | $539,500 | $11,238 | 2.1% |
Hickory Hills | 39 | $315,000 | $6,552 | 2.1% |
Broadview | 27 | $260,000 | $5,552 | 2.1% |
Evanston | 251 | $410,000 | $8,425 | 2.1% |
Wheeling | 128 | $270,000 | $5,606 | 2.1% |
Hanover Park | 48 | $294,500 | $6,283 | 2.1% |
Roselle | 12 | $303,000 | $6,365 | 2.1% |
Oak Lawn | 238 | $250,000 | $5,282 | 2.1% |
Burbank | 79 | $278,000 | $5,717 | 2.1% |
East Hazel Crest | 7 | $200,000 | $4,040 | 2% |
Sauk Village | 56 | $132,500 | $2,686 | 2% |
Willow Springs | 48 | $342,000 | $6,764 | 2% |
Rolling Meadows | 75 | $297,500 | $6,062 | 2% |
Arlington Heights | 262 | $438,500 | $8,715 | 2% |
Northlake | 27 | $290,000 | $5,668 | 2% |
Park Ridge | 171 | $499,000 | $9,889 | 2% |
Crestwood | 66 | $152,000 | $2,984 | 2% |
La Grange Highlands | 6 | $350,500 | $7,030 | 2% |
Palos Heights | 56 | $370,000 | $7,539 | 2% |
La Grange Park | 50 | $442,500 | $9,065 | 2% |
North Riverside | 24 | $310,000 | $6,185 | 2% |
Streamwood | 186 | $290,000 | $5,892 | 2% |
Evergreen Park | 63 | $275,000 | $5,621 | 2% |
Hometown | 27 | $170,000 | $3,390 | 2% |
Stickney | 21 | $290,000 | $5,727 | 2% |
Barrington | 38 | $499,000 | $9,646 | 1.9% |
Posen | 15 | $185,000 | $3,497 | 1.9% |
Franklin Park | 45 | $305,000 | $5,649 | 1.9% |
Melrose Park | 63 | $280,000 | $5,434 | 1.9% |
Niles | 118 | $329,500 | $6,289 | 1.9% |
Westchester | 65 | $325,000 | $6,134 | 1.9% |
Morton Grove | 85 | $412,500 | $7,906 | 1.9% |
Winnetka | 63 | $1,350,000 | $25,161 | 1.9% |
Skokie | 218 | $372,500 | $7,052 | 1.9% |
Elgin | 70 | $275,000 | $5,150 | 1.9% |
Lemont | 59 | $420,000 | $7,585 | 1.8% |
Palos Hills | 78 | $238,000 | $4,392 | 1.8% |
Glenview | 215 | $550,000 | $9,819 | 1.8% |
Glencoe | 51 | $1,280,000 | $23,501 | 1.8% |
Phoenix | 3 | $142,000 | $2,470 | 1.7% |
Harwood Heights | 23 | $350,000 | $6,120 | 1.7% |
Western Springs | 49 | $726,000 | $12,333 | 1.7% |
Des Plaines | 275 | $297,500 | $5,119 | 1.7% |
Wilmette | 122 | $847,500 | $14,668 | 1.7% |
Glenbrook Countryside | 4 | $476,000 | $8,177 | 1.7% |
Lincolnwood | 41 | $515,000 | $8,732 | 1.7% |
South Barrington | 22 | $1,190,000 | $18,524 | 1.6% |
Norridge | 45 | $385,000 | $6,128 | 1.6% |
Ford Heights | 2 | $151,500 | $2,440 | 1.6% |
South Chicago Heights | 18 | $172,500 | $2,784 | 1.6% |
Elk Grove Village | 140 | $376,250 | $6,077 | 1.6% |
Chicago | 7,221 | $308,000 | $4,621 | 1.5% |
Indian Head Park | 14 | $361,000 | $5,461 | 1.5% |
Merrionette Park | 3 | $210,000 | $3,191 | 1.5% |
Northfield | 27 | $912,500 | $12,717 | 1.4% |
Mission Hills Estates | 12 | $422,500 | $5,904 | 1.4% |
Hinsdale | 6 | $1,425,000 | $18,959 | 1.3% |
Steger | 15 | $169,000 | $2,014 | 1.2% |
Deercrest Estates | 4 | $512,500 | $6,110 | 1.2% |
Dixmoor | 6 | $131,000 | $1,391 | 1.1% |
Rosemont | 11 | $610,000 | $6,847 | 1.1% |
Northbrook West | 2 | $905,500 | $6,894 | 0.8% |