Montgomery, Illinois — Tax Burden
What is the tax burden in Montgomery, Illinois?
Montgomery, Illinois has a total tax burden of 14.68%, ranking #754 nationally. Property tax rate: 2.73%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $105,240.
Source: US Census ACS, 2022
Ranked #754 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.68%
Rank: 754th nationally
Property Tax Rate
2.73%
Rank: 205th nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (46%)Income (34%)Sales (20%)
Median Income: $105,240
Median Home Value: $263,600
Median Property Tax: $7,185/yr
Population: 20,644