Illinois will impose the nation’s seventh-highest state and local tax burden on residents in 2025. Taxpayers on average will pay over 10% of their annual income to support government, according to WalletHub.
Tax Day is coming, but the income tax represents just one of the many taxes Illinois will impose as part of the nation’s seventh-highest state and local tax burden in 2025.
Income, property, sales and excise taxes combined will cost each taxpayer 10.2% of their annual income, according to a new WalletHub report.
Of the three major tax categories tracked in the national analysis, WalletHub found property taxes consumed the largest portion of Illinoisans’ yearly earnings at 3.81%, followed closely by state excise and sales taxes at 3.78%.
Illinois’ flat income tax consumed the smallest portion of residents’ annual income. It saved the state from earning a higher overall spot on the list by landing Illinoisans almost exactly in the middle when only the state income tax was considered.
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