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 "Illinoyer". 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: The great state of Illinois is home to the tallest building in the midwest, the Willis Tower (formerly known as the Sears Tower) in downtown Chicago. In 2016 the city of Chicago also became notable for having the highest combined sales tax rate of any major US city.
According to the Bureau of Labor Statistics, Illinois employment in June 2021 was 6,181,722, unemployment was 443,502 or 7.2% of total jobs.