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Senior Living Communities
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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
Lake Forest, IL, is a safe and pleasant community that offers its older adults access to great programs through local organizations such as Dickison Hall, the city's excellent Senior Center. This area also is home to a number of highly rated Senior Living facilities, one of which is on the beautiful campus of Lake Forest Hospital. Shopping is accessible for seniors, and there are many opportunities for age-friendly activities with great dining options nearby.