Belvidere, Illinois — Tax Burden
What is the tax burden in Belvidere, Illinois?
Belvidere, Illinois has a total tax burden of 13.14%, ranking #1394 nationally. Property tax rate: 2.25%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $59,216.
Source: US Census ACS, 2022
Ranked #1394 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.14%
Rank: 1394th nationally
Property Tax Rate
2.25%
Rank: 539th nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (40%)Income (38%)Sales (22%)
Median Income: $59,216
Median Home Value: $139,100
Median Property Tax: $3,130/yr
Population: 25,389