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Morton
Morton
Illinois
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Morton is a village in Tazewell County, Illinois, United States, known for its pumpkins and annual Pumpkin Festival. The population was 16,267 at the 2010 census. Morton, the home of a Caterpillar Inc. distribution facility and a Libby's pumpkin cannery, is part of the Peoria, Illinois Metropolitan Statistical Area. Morton is also home to the corporate headquarters of Morton Buildings Inc. It holds its annual Morton Pumpkin Festival in the second week of September. Morton is the city east of East Peoria on I-74. It is claimed that 85 percent of the world's canned pumpkin is produced in Morton, earning it the designation "Pumpkin Capital of the World". Morton has garnered a variety of recognition related to quality of life in recent years. Morton High School is consistently ranked among the top schools in the state and country. Family Circle magazine ranked Morton one of its "10 best towns for families" in 2013.

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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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