Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
In total, residents paid $94,922 in sales taxes during July.
The county ranked 92nd in the Prairie State the month before, with $72,559 spent in sales taxes.
The largest share of sales taxes paid by Hancock County residents in July 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%.
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.
Type of Tax | Total Amount Collected | % Change From Previous Month |
---|---|---|
County Sales Tax | $56,108 | 60.6% |
Countywide Sales Tax | $38,814 | 3.1% |