Peoria, Illinois — Tax Burden
What is the tax burden in Peoria, Illinois?
Peoria, Illinois has a total tax burden of 14.17%, ranking #954 nationally. Property tax rate: 2.50%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $58,068.
Source: US Census ACS, 2022
Ranked #954 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.17%
Rank: 954th nationally
Property Tax Rate
2.50%
Rank: 334th 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 (21%)
Median Income: $58,068
Median Home Value: $146,700
Median Property Tax: $3,668/yr
Population: 113,054