Lincolnshire, Illinois — Tax Burden
What is the tax burden in Lincolnshire, Illinois?
Lincolnshire, Illinois has a total tax burden of 14.29%, ranking #903 nationally. Property tax rate: 1.67%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $155,395.
Source: US Census ACS, 2022
Ranked #903 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.29%
Rank: 903rd nationally
Property Tax Rate
1.67%
Rank: 1540th 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: $155,395
Median Home Value: $598,100
Median Property Tax: $10,001/yr
Population: 7,907