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Kenilworth
Kenilworth
Illinois
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Kenilworth is a village in Cook County, Illinois, United States, 15 miles (24 km) north of downtown Chicago. As of the 2010 census it had a population of 2,513. It is the newest of the nine suburban North Shore communities bordering Lake Michigan, and is one of those developed as a planned community. Kenilworth has a reputation as being the wealthiest and the most exclusive community in the Midwest. In January 2011, Forbes.com ranked Kenilworth as the second most affluent neighborhood in the United States, naming it "the most exclusive neighborhood in the Midwest, with estimated median household income of $247,000. Even after the housing slump the average house in Kenilworth sells for about $1 million."

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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+.

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