Compared to other states, Illinois’ property taxes continue to be among the highest.
– Illinois the grade of “F” because it ranks second in the nation behind New Jersey for the highest property taxes.
“An ‘F’ is too high. Except for New Jersey, Illinois ranks at the rock bottom when it comes to tax friendliness,” Bandoch said. Ninety-seven percent of the people who moved out of Illinois in the past year relocated to states with lower tax rates, Bandoch said. The Money Geek survey found that a typical middle-class family in Illinois pays $9,524 more a year in taxes than a typical family in Nevada, the lowest-tax state, pays.“Nearly one-third of Illinois households are considered ‘housing burdened’ because they pay at least 30% of their income on housing,” he said. “There is a clear connection there as to why families and businesses are leaving Illinois. It is unsustainable.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tenure Track (Cancer Research) - Peoria, Illinois job with University of Illinois College of Medicine at PeoriaHiring Department: UICOMP-CBP Location: Peoria, IL USA Requisition ID: 1023695 Posting Close Date: 4/15/2024 The Department of Cancer Biology and Pharmacology of the University of Illinois College of Medicine at Peoria (UICOMP) is now inviting applications for tenure-track Assistant/Associate Professor level positions to expand its...
Read more »
Searchable Table Shows Measles Vaccination Rates for Illinois SchoolsNBC 5 Investigates and Telemundo Investiga have created a searchable table, showing the 2022-2023 measles vaccination rates for all schools – public and private – throughout Illinois.
Read more »
Stats: Violent crime down in Columbus so far this year compared to 2023The City of Columbus released some crime stats Tuesday that indicate violence is down this year.Homicides are down significantly from last year. Below are the y
Read more »
Why ethanol makes so much power compared to gasolineEthanol can greatly boost power of an engine, but it's not without its drawbacks.
Read more »
I compared all of AMD’s V-cache CPUs to see which you should buyThe 7950X3D, 7900X3D and 7800X3D are arguably the most exciting CPUs of the Zen 4 generation. They're all good at gaming, but which is the best? Let's find out.
Read more »
China’s Best Self-Driving Car Platforms, Tested and ComparedTesla and General Motors may be struggling with self-driving tech, but the opposite is true in Asia. WIRED tested China's top three autopilot systems to see just how far ahead they are.
Read more »