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Geneva
Geneva
Illinois
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Geneva is a city in and the county seat of Kane County, Illinois, United States. It is located on the western side of the Chicago suburbs. Geneva is part of a tri-city area, located between St. Charles and Batavia. As of a July 2011 official US Census Bureau estimate, the city had a total population of 21,707. The area is currently experiencing a high level of population growth as Chicago's urban sprawl spreads farther west. Geneva is a popular tourist destination with its scenic location along the Fox River and numerous shops and restaurants. There is an extensive bike trail system in Geneva including portions of the Fox River Trail and the Illinois Prairie Path. Geneva has an active historical society, the Geneva History Center, located in downtown Geneva as well as the Fabyan Windmill, an old Dutch windmill dating back to the 1850s. In 2013 it was nominated by Bloomberg Business Week as the best place to raise a kid 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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