Daniel Biss

Emanuel's average income is $365,000 per year, 6 years of mayor's tax returns show

Emanuel's average income is $365,000 per year, 6 years of mayor's tax returns show

In his first six years in office, Mayor Rahm Emanuel made nearly $2.2 million, an average income of about $365,000 per year, according to newly released tax returns from the mayor.

About $1.1 million of Emanuel’s income has come from his $216,000-per-year salary as mayor, and he has made an additional $1 million from interest, dividends and capital gains from investments. From 2011 through 2016, Emanuel paid $433,626 in federal income taxes for an effective tax rate of nearly 20 percent, the records show.

The fuller picture of Emanuel’s earnings emerged after the mayor responded to a Chicago Tribune request for five years of tax returns he previously had not released...

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