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flag Illinois homeowners pay average annual property taxes of $5,189, the second-highest in the U.S.

flag Illinois ranks second in the US for property taxes, with homeowners paying an average of $5,189 annually on a $250,000 home. flag This high tax rate, at 2.07%, has been consistent for over a decade. flag The property taxes, collected locally, mostly fund school districts. flag Despite these high taxes, Illinois continues to face budget issues and has been among the top 10 states with the highest property taxes since 2010.

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