Genoa, Illinois — Tax Burden
What is the tax burden in Genoa, Illinois?
Genoa, Illinois has a total tax burden of 13.95%, ranking #1043 nationally. Property tax rate: 2.62%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $80,408.
Source: US Census ACS, 2022
Ranked #1043 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
13.95%
Rank: 1043rd nationally
Property Tax Rate
2.62%
Rank: 262nd nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (44%)Income (35%)Sales (21%)
Median Income: $80,408
Median Home Value: $187,000
Median Property Tax: $4,897/yr
Population: 5,044