Savoy, Illinois — Tax Burden
What is the tax burden in Savoy, Illinois?
Savoy, Illinois has a total tax burden of 14.24%, ranking #926 nationally. Property tax rate: 2.12%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $86,605.
Source: US Census ACS, 2022
Ranked #926 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
14.24%
Rank: 926th nationally
Property Tax Rate
2.12%
Rank: 697th 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: $86,605
Median Home Value: $260,800
Median Property Tax: $5,525/yr
Population: 8,682