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O Fallon
O Fallon
Illinois
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O'Fallon is a city in St. Clair County, Illinois, United States, and one of the fastest-growing communities in the Metropolitan St. Louis area. A 2017 special census listed the city's population at 30,440. The city is the second largest city in the Metro-East region and Southern Illinois. Due to its close proximity to Scott Air Force Base, the population receives a boost from military and federal civilian personnel, defense contractors, and military retirees. The city center is located approximately two miles east of the intersection of Interstate 64 and U.S. Route 50. Like its namesake in St. Charles County, Missouri, O'Fallon is part of the St. Louis Metropolitan Statistical Area. This makes O'Fallon (along with the two Troys in Illinois and Missouri) one of the few pairs of like-named municipalities to be part of the same MSA.

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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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