Elgin, Illinois — Tax Burden
What is the tax burden in Elgin, Illinois?
Elgin, Illinois has a total tax burden of 14.91%, ranking #657 nationally. Property tax rate: 2.50%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $85,998.
Source: US Census ACS, 2022
Ranked #657 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.91%
Rank: 657th nationally
Property Tax Rate
2.50%
Rank: 334th nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (47%)Income (33%)Sales (20%)
Median Income: $85,998
Median Home Value: $242,500
Median Property Tax: $6,063/yr
Population: 114,190