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 Countywide Sales Tax collection stood at $37,629.
Over the past 12 months, Hancock County's residents have collectively paid a total of $417,503 in Countywide Sales Tax.
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 12 months
| Month | Amount Collected | % Change from Previous Month |
|---|---|---|
| July | $38,814 | 3.1% |
| June | $37,629 | 0.5% |
| May | $37,443 | -5.5% |
| April | $39,620 | 26.9% |
| March | $31,219 | -3.7% |
| February | $32,416 | -11.4% |
| January | $36,582 | 13.1% |
| December 2024 | $32,345 | -12.3% |
| November 2024 | $36,869 | 15.9% |
| October 2024 | $31,805 | -7.3% |
| September 2024 | $34,326 | 20.7% |
| August 2024 | $28,435 | -6.7% |
| July 2024 | $30,482 | - |
Alerts Sign-up