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West Central Reporter

Monday, December 23, 2024

Prairie State taxes: Hancock County residents rank 89th in total sales taxes paid for January

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Chief Financial Officer Cory Staley | Illinois Department of Revenue

Chief Financial Officer Cory Staley | Illinois Department of Revenue

Hancock County taxpayers ranked 89th in total sales taxes paid per county in January, according to Illinois tax records.

In total, Hancock County residents paid $71,394 in sales taxes during January.

Hancock County ranked 88th in the Prairie State the month before, with $67,471 spent in sales taxes.

The County Sales Tax accounted for the largest share of sales taxes paid by Hancock County residents in January.

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 Hancock County in January
County Sales Tax [51.4%]Countywide Sales Tax [48.6%]

Sales Taxes Collected in Hancock County in January
Type of TaxAmount Collected in Month% Change From Previous Month
County Sales Tax$36,7061.7
Countywide Sales Tax$34,68810.6

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