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Calumet Park
Calumet Park
Illinois
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Calumet Park (formerly DeYoung) is a village in Cook County, Illinois. The population was 7,835 at the 2010 census.On May 13, 2010, Mayor Joseph DuPar and the Village Board approved renaming 127th Street as Obama Drive, in honor of the 44th President of the United States. On August 21, 2010, State Senator Emil Jones III read a proclamation of the Illinois Senate in honor of the dedication on the same date. This road became the first Obama Drive in the country and the first road named after President Barack Obama in his home state of 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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