Hodgkins property tax rate climbs to 3.9% in 2025, surpassing Cook County average

Hodgkins saw its effective property tax rate rise from 2.7% in 2016 to 3.9% in 2025, marking a 1.2 percentage point increase over the decade, according to BlockShopper.com.

In Cook County, the average effective property tax rate held steady at 2% between 2016 and 2025. By 2025, Hodgkins’ property tax rate was above the county average.

Hodgkins reported the largest effective property tax rate increase among 136 cities in Cook County during this period.

For 2025, Hodgkins ranked sixth among Cook County cities for its effective property tax rate of 3.9%.

This figure is 4.4 times greater than the 0.888% average effective property tax rate in the United States for 2024.

According to Redfin, U.S. home prices continued to climb in 2025, with the national median reaching about $447,000 in June, up 1.13% compared to a year earlier. The data indicates a wide imbalance between supply and demand, showing 36% more sellers than buyers—a difference of 508,715 homes. Redfin defines a balanced market as one with a buyer-seller gap of less than 10%.

Property owners may still face increased tax bills even as rates fall or stay flat if home values climb. Since property taxes are based on both the rate and assessed value, higher home prices can lead to a broader tax base and higher payments, even if local tax rates drop. In fact, a recent Lincoln Institute of Land Policy analysis found the average effective property tax rate on a median-value home in the largest city in each state declined by more than 5% from 2023 to 2024.

Meanwhile, increasing property values have pushed up the overall tax base in many regions. Since property tax calculations are tied to market value, rising home prices can cause tax bills to grow, even with stable or dropping rates. Studies of U.S. housing markets indicate that each 1% rise in median home value is typically linked to about a 0.71% drop in the effective property tax rate, showing how significant home price growth can reduce rates while enabling higher tax revenue.