Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a noticeable increase over the previous year, when Countywide Sales Tax collection stood at $380,072.
The Countywide Sales Tax, a crucial revenue stream, is primarily allocated for county governments' use.
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.
Countywide Sales Tax Collected in Hancock County Over Last 7 Years
| Year | Amount Collected | % Change from Previous Year |
|---|---|---|
| 2024 | $390,924 | 2.9% |
| 2023 | $380,072 | -0.1% |
| 2022 | $380,526 | 13.7% |
| 2021 | $334,698 | 34.1% |
| 2020 | $249,547 | 1.7% |
| 2019 | $245,279 | -11.1% |
| 2018 | $275,855 | - |
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