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Summit effective property tax rate in Q4 2022 was higher than the national average
Published 01/01/23
The median sales price of a Summit home in the fourth quarter of 2022 was $232,000, based on data from the 22 properties sold during that time. In 2022 the median tax bill for the city was $5,391, which is 2.3% of the median value of the homes that were taxed.
This is 2.1 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
In Cook County, Harvey, Park Forest, and Oak Park were the top three cities with the three highest rates.
The following table compares Harvey with some other cities belonging to Cook County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2022.
| City | Q4 2022 Sales | Q4 2022 Median Price | Median tax 2022 | Effective tax rate |
|---|---|---|---|---|
| Harvey | 72 | $68,000 | $2,794 | 4.1% |
| Park Forest | 85 | $130,000 | $5,283 | 4.1% |
| Oak Park | 160 | $291,250 | $12,040 | 4.1% |
| Dolton | 89 | $126,000 | $5,087 | 4% |
| River Forest | 37 | $390,000 | $15,632 | 4% |
| Hazel Crest | 54 | $129,000 | $4,741 | 3.7% |
| Country Club Hills | 70 | $166,000 | $6,015 | 3.6% |
| Worth | 51 | $135,000 | $4,919 | 3.6% |
| Calumet City | 115 | $135,000 | $4,558 | 3.4% |
| Burnham | 13 | $133,000 | $4,578 | 3.4% |
| Thornton | 12 | $107,250 | $3,680 | 3.4% |
| Flossmoor | 42 | $281,500 | $9,491 | 3.4% |
| Olympia Fields | 15 | $270,000 | $9,303 | 3.4% |
| Richton Park | 52 | $154,000 | $5,211 | 3.4% |
| East Hazel Crest | 6 | $117,500 | $3,811 | 3.2% |
| Bellwood | 35 | $204,000 | $6,542 | 3.2% |
| Berkeley | 12 | $219,500 | $6,941 | 3.2% |
| Buffalo Grove | 52 | $210,000 | $6,661 | 3.2% |
| Lansing | 123 | $150,000 | $4,575 | 3.1% |
| Riverside | 26 | $396,500 | $12,354 | 3.1% |
| Maywood | 54 | $226,500 | $7,125 | 3.1% |
| Hillside | 14 | $199,500 | $6,172 | 3.1% |
| Matteson | 60 | $207,500 | $6,457 | 3.1% |
| Forest Park | 66 | $217,500 | $6,604 | 3% |
| Prospect Heights | 54 | $229,500 | $6,950 | 3% |
| Riverdale | 40 | $110,000 | $3,216 | 2.9% |
| South Holland | 80 | $208,750 | $5,946 | 2.8% |
| Markham | 47 | $139,000 | $3,899 | 2.8% |
| Glenwood | 37 | $170,000 | $4,797 | 2.8% |
| Chicago Heights | 116 | $141,500 | $3,958 | 2.8% |
| Bartlett | 49 | $287,000 | $8,027 | 2.8% |
| Orland Hills | 12 | $217,500 | $5,935 | 2.7% |
| Phoenix | 7 | $85,000 | $2,330 | 2.7% |
| Forest View | 2 | $221,500 | $6,038 | 2.7% |
| Hoffman Estates | 144 | $275,250 | $7,199 | 2.6% |
| Homewood | 84 | $217,500 | $5,733 | 2.6% |
| Tinley Park | 197 | $247,000 | $6,370 | 2.6% |
| Posen | 7 | $126,000 | $3,299 | 2.6% |
| Berwyn | 120 | $275,000 | $7,174 | 2.6% |
| Arlington Heights | 261 | $315,000 | $8,221 | 2.6% |
| Robbins | 11 | $80,000 | $2,102 | 2.6% |
| Oak Forest | 103 | $248,000 | $6,412 | 2.6% |
| Hickory Hills | 36 | $236,250 | $6,181 | 2.6% |
| Golf | 2 | $765,000 | $19,700 | 2.6% |
| Equestrian Estates | 1 | $490,000 | $12,383 | 2.5% |
| Palatine | 278 | $270,000 | $6,748 | 2.5% |
| Elmwood Park | 75 | $293,500 | $7,463 | 2.5% |
| Midlothian | 50 | $197,500 | $4,929 | 2.5% |
| Blue Island | 43 | $165,000 | $3,989 | 2.4% |
| Cicero | 93 | $246,000 | $5,921 | 2.4% |
| Alsip | 63 | $215,000 | $5,078 | 2.4% |
| Hanover Park | 56 | $250,000 | $5,927 | 2.4% |
| Lynwood | 30 | $240,000 | $5,500 | 2.3% |
| Rolling Meadows | 70 | $250,000 | $5,719 | 2.3% |
| River Grove | 34 | $262,500 | $5,983 | 2.3% |
| Schiller Park | 28 | $250,000 | $5,670 | 2.3% |
| Burr Ridge | 20 | $461,250 | $10,503 | 2.3% |
| Summit | 22 | $232,000 | $5,391 | 2.3% |
| Justice | 29 | $225,000 | $5,132 | 2.3% |
| Brookfield | 52 | $305,000 | $7,156 | 2.3% |
| Palos Heights | 50 | $315,000 | $7,112 | 2.3% |
| Wheeling | 92 | $235,000 | $5,289 | 2.3% |
| Northbrook | 149 | $485,000 | $11,281 | 2.3% |
| Elgin | 89 | $210,000 | $4,858 | 2.3% |
| Roselle | 8 | $260,250 | $6,005 | 2.3% |
| Orland Park | 239 | $315,500 | $6,815 | 2.2% |
| Inverness | 27 | $645,000 | $14,159 | 2.2% |
| Sauk Village | 72 | $115,500 | $2,534 | 2.2% |
| Schaumburg | 256 | $255,000 | $5,695 | 2.2% |
| Bridgeview | 31 | $265,000 | $5,887 | 2.2% |
| Broadview | 22 | $240,000 | $5,238 | 2.2% |
| Evergreen Park | 68 | $240,000 | $5,303 | 2.2% |
| Stickney | 21 | $244,000 | $5,403 | 2.2% |
| Willow Springs | 24 | $300,500 | $6,381 | 2.1% |
| Palos Park | 23 | $401,250 | $8,321 | 2.1% |
| Northlake | 28 | $255,000 | $5,348 | 2.1% |
| Mount Prospect | 162 | $358,000 | $7,620 | 2.1% |
| La Grange | 56 | $513,750 | $10,602 | 2.1% |
| Palos Hills | 64 | $195,000 | $4,143 | 2.1% |
| La Grange Park | 50 | $413,000 | $8,552 | 2.1% |
| Evanston | 189 | $376,000 | $7,948 | 2.1% |
| Streamwood | 151 | $259,000 | $5,559 | 2.1% |
| Oak Lawn | 218 | $232,000 | $4,983 | 2.1% |
| Chicago Ridge | 42 | $173,750 | $3,695 | 2.1% |
| Burbank | 91 | $252,000 | $5,393 | 2.1% |
| Barrington Hills | 7 | $925,000 | $18,917 | 2% |
| Park Ridge | 113 | $457,000 | $9,330 | 2% |
| Western Springs | 55 | $590,000 | $11,635 | 2% |
| Morton Grove | 65 | $370,000 | $7,459 | 2% |
| Glenview | 174 | $475,000 | $9,263 | 2% |
| Wilmette | 84 | $700,000 | $13,838 | 2% |
| Barrington | 24 | $485,000 | $9,100 | 1.9% |
| Franklin Park | 43 | $275,000 | $5,329 | 1.9% |
| Melrose Park | 39 | $270,000 | $5,127 | 1.9% |
| Niles | 77 | $306,000 | $5,933 | 1.9% |
| Crestwood | 45 | $145,000 | $2,815 | 1.9% |
| Lyons | 25 | $239,000 | $4,550 | 1.9% |
| Hinsdale | 10 | $925,000 | $17,886 | 1.9% |
| Westchester | 69 | $309,500 | $5,786 | 1.9% |
| Stone Park | 6 | $335,000 | $6,398 | 1.9% |
| North Riverside | 23 | $314,000 | $5,835 | 1.9% |
| Lincolnwood | 34 | $440,000 | $8,238 | 1.9% |
| South Barrington | 18 | $945,000 | $17,476 | 1.8% |
| Lemont | 58 | $397,500 | $7,156 | 1.8% |
| Harwood Heights | 30 | $319,500 | $5,774 | 1.8% |
| Des Plaines | 270 | $268,750 | $4,829 | 1.8% |
| Elk Grove Village | 94 | $312,000 | $5,733 | 1.8% |
| Winnetka | 44 | $1,350,000 | $23,737 | 1.8% |
| Northfield | 23 | $650,000 | $11,997 | 1.8% |
| Skokie | 171 | $360,000 | $6,653 | 1.8% |
| Hometown | 16 | $182,000 | $3,198 | 1.8% |
| Merrionette Park | 9 | $168,000 | $3,011 | 1.8% |
| Calumet Park | 24 | $169,000 | $2,914 | 1.7% |
| Kenilworth | 6 | $1,922,500 | $32,334 | 1.7% |
| Norridge | 32 | $351,250 | $5,781 | 1.6% |
| South Chicago Heights | 15 | $160,000 | $2,626 | 1.6% |
| La Grange Highlands | 8 | $403,500 | $6,632 | 1.6% |
| Deercrest Estates | 3 | $350,000 | $5,764 | 1.6% |
| Northbrook West | 3 | $415,000 | $6,504 | 1.6% |
| Chicago | 5,868 | $284,000 | $4,359 | 1.5% |
| Indian Head Park | 12 | $352,500 | $5,152 | 1.5% |
| Countryside | 7 | $350,000 | $5,264 | 1.5% |
| Bedford Park | 2 | $365,000 | $5,393 | 1.5% |
| Fox Chase Estates | 2 | $518,500 | $7,480 | 1.4% |
| Elmhurst | 1 | $255,000 | $3,567 | 1.4% |
| Glencoe | 29 | $1,550,000 | $22,171 | 1.4% |
| Glenbrook Countryside | 2 | $547,500 | $7,714 | 1.4% |
| Rosemont | 8 | $501,250 | $6,459 | 1.3% |
| Steger | 14 | $154,500 | $1,900 | 1.2% |
| Southmoor | 2 | $737,500 | $8,796 | 1.2% |
| Dixmoor | 7 | $115,000 | $1,312 | 1.1% |
| Mission Hills Estates | 3 | $489,000 | $5,569 | 1.1% |
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