Park Forest, Illinois — Tax Burden
What is the tax burden in Park Forest, Illinois?
Park Forest, Illinois has a total tax burden of 14.22%, ranking #937 nationally. Property tax rate: 3.96%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $58,907.
Source: US Census ACS, 2022
Ranked #937 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.22%
Rank: 937th nationally
Property Tax Rate
3.96%
Rank: 8th 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: $58,907
Median Home Value: $94,700
Median Property Tax: $3,746/yr
Population: 21,042