Elgin, IL 60123

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 8210 13290 $12,345 $1,566
(6.09% of returns)
$1,812
(4.02% of returns)
$4,923
$25,000 to $50,000 6660 14040 $30,550 $2,173
(7.96% of returns)
$7,290
(10.96% of returns)
$5,064
$50,000 to $75,000 3480 8150 $43,772 $2,666
(15.23% of returns)
$15,661
(15.8% of returns)
$5,331
$75,000 to $100,000 2070 5150 $53,587 $3,575
(23.19% of returns)
$18,707
(20.29% of returns)
$5,867
$100,000 to $200,000 2460 6610 $72,930 $4,680
(34.15% of returns)
$20,537
(21.95% of returns)
$6,436
Over $200,000 320 790 $181,274 $20,552
(59.38% of returns)
$22,922
(28.12% of returns)
$6,904
For Zip 23200 48030 $39,169

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Income Tax Rates

Rate Minimum Income Maximum Income
0.0495 0 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0205 2

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.0625 0.0283 0.0908 6