Chief Financial Officer Cory Staley | Illinois Department of Revenue
Chief Financial Officer Cory Staley | Illinois Department of Revenue
This figure marks a noticeable increase over the previous month, when County Sales Tax collection stood at $40,835.
Over the past 12 months, Hancock County's residents have collectively paid a total of $429,663 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 |
|---|---|---|
| May | $42,648 | 4.4% |
| April | $40,835 | 18.8% |
| March | $34,383 | -13.9% |
| 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 | - |
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