Frankfort, Illinois — Tax Burden
What is the tax burden in Frankfort, Illinois?
Frankfort, Illinois has a total tax burden of 14.20%, ranking #943 nationally. Property tax rate: 2.28%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $157,615.
Source: US Census ACS, 2022
Ranked #943 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.20%
Rank: 943rd nationally
Property Tax Rate
2.28%
Rank: 505th nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (45%)Income (35%)Sales (20%)
Median Income: $157,615
Median Home Value: $438,700
Median Property Tax: $10,001/yr
Population: 20,260