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South Elgin
South Elgin
Illinois
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4 out of 5 stars based on 0 ratings
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by Unknown author is licensed under
South Elgin is a village in Kane County, Illinois, United States. The population was 21,985 at the 2010 census, and estimated to be 23,00 as of 2017. In 2007, Money magazine named South Elgin as 82nd of 100 entries in its "America's Best Places To Live" edition and again in 2011 as 98th of 100 entries.

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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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