May 14, 2013

Property Taxes as a Percent of Fair Market Value

Tax-Rates.org is an interesting web site.  You can see the tax burden by State and County.

We own homes in Peoria County, Illinois, and Sarastoa, Florida.  Property taxes as a percent of fair market value shown below:

Peoria, IL    2.0% of fair market value
Sarasota Fl    .89% of fair market value
Cook, IL (Chicago) 1.38% of fair market value

You can see your own home State and County on the web site.

tax-rates.org