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Abingdon
Abingdon
Illinois
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Abingdon is a city in Knox County, Illinois, 50 miles (80 km) west of Peoria. It is part of the Galesburg Micropolitan Statistical Area. The city was first settled in 1828 and was incorporated in 1857. In 1894, the patent for the common spring-loaded mousetrap was awarded to William Hooker of Abingdon. In 1890, 1,321 people lived here; in 1900, 2,022; and in 1910, 2,464. The population was 3,612 at the 2000 census.
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Taxes

C+

How did Illinois earn the grade of C+? We examined the state taxes based on how age friendly they are. Illinois has a state sales tax of 6.25%. Of particular interest is that Illinois does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Illinois has an effective property tax rate of 2.32%. Weighing these taxes and other taxes most likely to impact the aging population is how Illinois earned its state tax grade of C+.

Learn more about taxes in Illinois

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Taxes

C+

How did Illinois earn the grade of C+? We examined the state taxes based on how age friendly they are. Illinois has a state sales tax of 6.25%. Of particular interest is that Illinois does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Illinois has an effective property tax rate of 2.32%. Weighing these taxes and other taxes most likely to impact the aging population is how Illinois earned its state tax grade of C+.

Learn more about taxes in Illinois

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