What Is The Illinois Sales Tax Rate?

Why Illinois taxes are so high?

The cause of Illinois’ daunting property tax bills is not the state’s flat income tax, as Pritzker suggests.

Rather, Illinois schools’ and municipalities’ massive, unfunded pension liabilities have forced local leaders to continuously hike property taxes to cover those costs..

Which county in Illinois has the lowest taxes?

Hardin CountyHardin County. Located right on the border of Illinois and Kentucky, Hardin County is the least populous county in all of the state—and the place where you’ll find the lowest property tax rate. It’s also the second smallest county in Illinois at a total of just 182 square miles.

What items are exempt from Illinois sales tax?

What purchases are exempt from the Illinois sales tax?Clothing. 6.25%Groceries. 1%Prepared Food. 8%Prescription Drugs. 1%OTC Drugs. 1%

How much is tax on restaurant food in Illinois?

The state of Illinois imposes a sales and use tax of 6.25 percent on food, soft drinks and alcoholic beverages purchased at a restaurant for consumption on the restaurant premises.

What is the tax on food in Chicago?

The restaurant tax is imposed in addition to the City’s general sales tax of 10.25%, as well as an additional 1.0% restaurant tax imposed by the Metropolitan Pier and Exposition Authority (MPEA) in the downtown and surrounding area.

What is the Illinois sales tax for 2020?

6.3%How 2020 Sales taxes are calculated in Illinois. The state general sales tax rate of Illinois is 6.3%. Cities and/or municipalities of Illinois are allowed to collect their own rate that can get up to 2.75% in city sales tax.

How do you calculate sales tax in Illinois?

Determine tax rate: Once you have your taxable value, determine the tax rate defined by your city, county, and state. Multiply: Multiply your tax rate by your taxable value, which gives you the amount of sales tax you will pay on the vehicle.

What is the Illinois tax rate?

6.25%Illinois sales tax details The Illinois (IL) state sales tax rate is currently 6.25%. Depending on local municipalities, the total tax rate can be as high as 11%.

Is Illinois a high tax state?

Illinois’ combined state and local sales-tax rate is the seventh-highest in the U.S. And Illinois’ individual and corporate income taxes are the 10th-highest and fourth-highest in the nation, respectively. Passing additional tax hikes would only add to Illinoisans’ heavy tax burden.

Which county in Illinois has the highest taxes?

Lake CountyLake County had the state’s highest average property tax amount at $8,828 and a 2.66% effective tax rate, followed by DuPage ($7,686, with a 2.10% rate) and Kane ($6,432 with a rate of 2.60%).

Is there sales tax on prescription drugs in Illinois?

Prescription and non-prescription medicines are taxed at the rate of one percent. … Rather, grooming and hygiene products are taxed at the general merchandise rate of 6.25 percent. However, through August 18, 2021, tampons, menstrual pads, and menstrual cups are exempt from tax.

What is the state and local sales tax rate in Illinois?

The state sales tax rate in Illinois is 6.250%. With local taxes, the total sales tax rate is between 6.250% and 11.000%. Illinois has recent rate changes (Wed Jul 01 2020).

What is the sales tax on groceries in Illinois?

Illinois’ sales tax rate is 6.25 percent on general merchandise and 1 percent on qualifying foods, drugs, and medical appliances.

What is the cheapest place to live in Illinois?

Here are the 5 Most Affordable Cities in Illinois:Bloomington, IL.DeKalb, IL.Naperville, IL.Belleville, IL.Springfield, IL.

What is exempt from sales tax in Illinois?

Sales tax exemptions are given to schools, governmental bodies, churches, and exclusively charitable organizations.