Cook County Clerk David Orr: Barrington Has Some of the Lowest Property Tax Rates in Cook County
Cook County Clerk David Orr recently released the 2016 Property Tax report, which included data on tax rates that showed most Barrington property owners pay less than many of their Cook County suburban counterparts for a property of equal value.
A Barrington resident with a $600,000 home pays an average of $12,285 in property taxes, while other comparable suburban communities pay an average of $15,157 for a $600,000 home (see chart below).
In addition, according to the Village’s Director of Finance Jason Hayden, in 2018 and 2019, the Village will complete the payments on the bonds that were approved by voters in 1999 and used to fund the Village Hall and Public Safety buildings in the early 2000s. As a result, Hayden said, “residents will see the Village's portion of their property taxes decrease by 10% in 2018 and an additional 10% in 2019, for a 20% total reduction over those two years.