South Beloit, Illinois — Tax Burden
What is the tax burden in South Beloit, Illinois?
South Beloit, Illinois has a total tax burden of 12.07%, ranking #1999 nationally. Property tax rate: 2.13%, state income tax: 4.950%, sales tax: 8.81%. Median household income is $78,781.
Source: US Census ACS, 2022
Ranked #1999 nationally for total tax burden among 6,688+ US cities.
Total Tax Burden
12.07%
Rank: 1999th nationally
Property Tax Rate
2.13%
Rank: 682nd nationally
Income Tax Rate
4.950%
Illinois state rate
Sales Tax Rate
8.81%
State + local combined
Tax Burden Breakdown
Property (35%)Income (41%)Sales (24%)
Median Income: $78,781
Median Home Value: $155,700
Median Property Tax: $3,317/yr
Population: 7,943