Barrington Hills homeowners in Cook County saw the highest median property tax increases in 2022 thanks to (wait for it)…
About a quarter of homeowners in North and Northwest suburban Cook County saw their property taxes decrease in 2022, while only 7.8% of commercial properties experienced declines.
An analysis by Cook County Treasurer Maria Pappas’ office shows commercial properties bore the heavier burden of the nearly $94 million increase in property taxes in the North and Northwest suburbs this year.
Four Northwest suburbs saw their median residential tax grow by more than $200 this year:
- Barrington Hills, where the median increased by $259 to $15,251.
- South Barrington, where the median rose by $233 to $15,631.
- Prospect Heights, where the median grew by $228 to $4,853.
- Barrington, where the median rose $207 to $8,246.
Barrington Unit School District 220, which overlaps three of those municipalities, voted to increase its total tax levy by $5.4 million for the current academic year.
Read the full Daily Herald story here.