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Galesburg
Galesburg
Illinois
1 review
2.5 out of 5 stars based on 1 ratings
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Galesburg is a city in Knox County, Illinois, United States. This city is forty-five miles northwest of Peoria. As of the 2010 census, the city population was 32,195. It is the county seat of Knox County. Galesburg is home to Knox College, a private four-year liberal arts college, and Carl Sandburg College, a two-year community college. A 496-acre (201 ha) section of the city is listed on the National Register of Historic Places as the Galesburg Historic District. Galesburg is the principal city of the Galesburg Micropolitan Statistical Area, which includes all of Knox and Warren counties.

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The city and state is over taxed

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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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