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Saturday, November 23, 2024

Pike County ranks 58th in total sales taxes paid in Illinois during 2022

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Pike County taxpayers ranked 58th in total sales taxes paid per county in 2022, according to Illinois tax records.

In total, Pike County residents paid $2.7 million in sales taxes during 2022.

Pike County ranked 59th in the Prairie State the year before, with $2.3 million spent in sales taxes.

The County School Facility Tax accounted for the largest share of sales taxes paid by Pike County residents in 2022.

Illinois is currently the highest taxed state in the US. A study from Wallet Hub found Illinois taxes are 39.83% higher than the national average.

Illinois governor J. B. Pritzker is accused of adding more than $5.2 billion in new or higher taxes since coming into power in early 2019. As a business owner, he has a fortune of more than $3 billion, largely based on his family's wealth and connections.

Composition of Sales Tax Revenue in Pike County in 2022
County School Facility Tax [50.6%]Special County Retailers Occupation Tax [25.3%]Countywide Sales Tax [15%]County Sales Tax [9.2%]

Sales Taxes Collected in Pike County in 2022

Type of TaxAmount Collected in Year% Change From Previous Year
County School Facility Tax$1,345,95112.4
Special County Retailers Occupation Tax$671,77811.6
Countywide Sales Tax$398,50113.1
County Sales Tax$243,94024.1

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