Farmer City, IL 61842

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 440 630 $11,495 $2,120
(11.36% of returns)
$1,866
(6.82% of returns)
$0
$25,000 to $50,000 340 580 $30,304 $2,775
(11.76% of returns)
$6,585
(20.59% of returns)
$2,066
$50,000 to $75,000 220 490 $41,388 $2,866
(13.64% of returns)
$15,180
(22.73% of returns)
$3,750
$75,000 to $100,000 160 400 $51,039 $3,250
(25% of returns)
$18,100
(25% of returns)
$4,200
$100,000 to $200,000 190 530 $67,054 $5,787
(42.11% of returns)
$24,683
(31.58% of returns)
$5,120
Over $200,000 30 60 $181,850 $0
(0% of returns)
$0
(0% of returns)
$0
For Zip 1380 2690 $42,063

`

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