Homeowners in Palos Park, Cook County, pay about 1.83% of their home's value in property tax each year. The median bill is $9,152.
At Palos Park's typical rate of 1.83%. Exemptions lower the real bill.
| Home value | Property tax (estimate) |
|---|---|
| $250,000 | $4,567 |
| $350,000 | $6,393 |
| $450,000 | $8,220 |
| $600,000 | $10,960 |
| $800,000 | $14,613 |
A family with a $464,700 home in Palos Park pays about $8,489 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $14,429 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.
| Town | County | Rate | Median bill |
|---|---|---|---|
| Palos Heights | Cook | 2.12% | $7,624 |
| Palos Hills | Cook | 1.91% | $5,613 |
| Worth | Cook | 2.21% | $5,510 |
| Chicago Ridge | Cook | 1.58% | $5,374 |
| Hickory Hills | Cook | 2.24% | $6,715 |
| Orland Park | Cook | 1.96% | $7,524 |
Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.
Homeowners in Palos Park pay a typical effective property tax rate of 1.83% of home value per year. The median annual bill is $9,152 and the median home value is $464,700 (U.S. Census ACS 2020–2024).
About $7,307 per year at Palos Park's typical rate of 1.83%. The homeowner exemption and other exemptions lower the actual bill.
Palos Park's typical rate of 1.83% is higher than the Cook County average of 1.73%.
Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.
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