The typical Illinoisan is taxed at a rate of 1.73% for property, a maximum of 4.95% for income and up to 6.25% for sales. Compared to the national averages Illinois earns a score of poor 👎 for property taxes, average for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of Illinois with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Illinois
Illinois has approximately 12,835,726 residents. A common term for people in Illinois is "Illini". Within this population there are around 153,991 births and 106,830 deaths per year. Approximately 72.8% of this population speaks English exclusively. Conversely, 0.9% of this population has no verbal English skill. On average, real estate listings in Illinois are on the market for 88 days. The Market Health Index for Illinois is 1.18. Kendall is the wealthiest of all counties in Illinois. The least wealthy of all counties in Illinois is Alexander.
Daily state facts: Illinois ranks #1 in nuclear energy production and gets over half of its electrical power from this method of production. Illinois has also been ranked with the worst fiscal condition out of all stetes by the Mercatus Center.
According to the Bureau of Labor Statistics, Illinois employment in August 2023 was 6,445,154, unemployment was 266,173 or 4.1% of total jobs.
