Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable decrease from the previous month, when County Sales Tax collection stood at $41,589.
Over the past 12 months, Hancock County's residents have collectively paid a total of $411,754 in County Sales Tax.
The County Sales Tax is a local sales tax imposed on retail sales of goods and services within a specific county. It is one of the primary sources of revenue for county governments, funding a wide range of essential services, including education, infrastructure, public safety, public health, and social services. The average rate imposed in Illinois is around 8.2%.
A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.
Month | Amount Collected | % Change from Previous Month |
---|---|---|
February | $39,952 | -3.9% |
January | $41,589 | 13.8% |
December 2024 | $36,535 | -9.4% |
November 2024 | $40,346 | 31.2% |
October 2024 | $30,756 | -10.3% |
September 2024 | $34,303 | 28.7% |
August 2024 | $26,649 | -6.8% |
July 2024 | $28,607 | -13.5% |
June 2024 | $33,060 | 6.9% |
May 2024 | $30,937 | -7.1% |
April 2024 | $33,285 | -6.9% |
March 2024 | $35,735 | 9.5% |
February 2024 | $32,629 | - |