Municipal Property Tax

The municipal property tax is authorized by state statute. The Village of Niles continually strives to minimize reliance on this tax in an effort to provide tax relief to our residents. With a diverse mix of revenue sources, the Village maintains one of the lowest property tax rates in Cook County.

The Village is a Home Rule Community, which allows maximum flexibility for important decisions affecting our citizens. The primary benefits of Home Rule status are the absence of artificial tax caps and the existence of increased authority for bond issues and local sales tax revenues.

The five year history, by tax year, for village property tax rates and levies is:

Your property tax bill is comprised of many groups and agencies, such as schools, libraries, special districts, townships, and municipalities. In tax year 2021, the Village of Niles' property tax levy made up about 10% of the average Niles resident's property tax bill.  

The Cook County Clerk provides an annual report that explains the property tax process and lists each of the agencies that appear on a municipality's tax bill.  You can see the report for tax year 2021 here.