Effective Tax Rate Charts

The effective tax rate is the ratio between the property value and current tax bill for commercial properties. The ratio is calculated by multiplying tax unit levies by the assessment rate.

These rates are only used for income producing properties such as commercial buildings and apartment complexes. Commercial buildings are assessed at 25% and apartment complexes are assessed at 11.5%.

Most Recent Effective Tax Rates (pdf) | View All Effective Tax Rates