Sherrard, IL 61281

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 380 530 $10,440 $1,200
(13.16% of returns)
$2,050
(10.53% of returns)
$0
$25,000 to $50,000 270 480 $27,650 $1,975
(14.81% of returns)
$6,675
(29.63% of returns)
$5,066
$50,000 to $75,000 180 370 $40,955 $3,000
(22.22% of returns)
$15,860
(27.78% of returns)
$5,000
$75,000 to $100,000 180 470 $45,062 $2,200
(27.78% of returns)
$20,375
(22.22% of returns)
$5,742
$100,000 to $200,000 260 740 $73,162 $5,314
(26.92% of returns)
$21,940
(19.23% of returns)
$5,952
Over $200,000 50 120 $232,250 $10,000
(60% of returns)
$0
(0% of returns)
$7,966
For Zip 1320 2710 $48,018

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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