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Northbrook
Northbrook
Illinois
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Northbrook is an affluent suburb of Chicago, located at the northern edge of Cook County, Illinois, United States. When incorporated in 1901, the village was known as Shermerville in honor of Frederick Schermer, who donated the land for its first train station. The village changed its name to Northbrook in 1923 as an effort to improve its public image. The name was chosen because the West Fork of the North Branch of the Chicago River runs through the Village. Glenbrook North High School, founded in 1952 as Glenbrook High School, is located in Northbrook. The village is also home to the Northbrook Park District, founded in 1927, Northbrook Court shopping mall, the Ed Rudolph Velodrome, the Chicago Curling Club, and the Northbrook Public Library.

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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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