Franklin Park, Illinois — Tax Burden
What is the tax burden in Franklin Park, Illinois?
Franklin Park, Illinois has a total tax burden of 16.49%, ranking #220 nationally. Property tax rate: 2.60%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $74,167.
Source: US Census ACS, 2022
Ranked #220 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
16.49%
Rank: 220th nationally
Property Tax Rate
2.60%
Rank: 273rd nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (52%)Income (30%)Sales (18%)
Median Income: $74,167
Median Home Value: $246,200
Median Property Tax: $6,399/yr
Population: 18,374