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Waterman
Waterman
Illinois
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Waterman is a village in DeKalb County, Illinois, United States. The population was 1,506 at the 2010 census, up from 1224 at the 2000 census. The village is known for the Waterman and Western train line that operates in Lion's Club Park. This 1/3 scale train line comprises a 1/2 mile train line circling the park and is a hobby of a local resident.

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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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