Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
In total, residents paid $772,252 in sales taxes during 2023.
The county ranked 89th in the Prairie State the year before, with $773,598 spent in sales taxes.
The largest share of sales taxes paid by Hancock County residents in 2023 came from the 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%.
As of 2021, Illinois was the highest taxed state in the US. A study from Wallet Hub found Illinois taxes were 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.
2023 Hancock County Sales Tax Revenues by Type
| Type of Tax | Amount Collected in Year | % Change From Previous Year |
|---|---|---|
| County Sales Tax | $392,180 | -0.2% |
| Countywide Sales Tax | $380,072 | -0.1% |
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