Quantcast

Peoria Standard

Saturday, May 31, 2025

Prairie State sales taxes: East Peoria residents paid 27th-largest sum per municipality in 2024

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

East Peoria taxpayers paid the 27th largest sum in sales taxes in 2024, according to Illinois tax records.

In total, residents paid approximately $27.2 million in sales taxes during that year.

East Peoria ranked 30th in the Prairie State the year before, with approximately $25 million spent in sales taxes.

The largest share of taxes paid by the residents in 2024 came from Non-Home Rule Sales Tax.

In Illinois, the Non-Home Rule Sales Tax, levied by non-home rule local governments, applies to the same general merchandise as the state sales tax. This tax can be set in increments of 0.25% up to 1%, and it's aimed at funding local services. Each non-home rule locality decides independently on whether to implement the tax and at what rate, based on their specific needs.

A 2025 WalletHub study found that Illinois has the highest overall taxes in the U.S., with rates more than 50% higher than the national average. The study estimates that a median household in Illinois pays an effective tax rate of 16.58%, or about $13,099 per year.

Composition of Sales Tax Revenue in East Peoria in 2024

Non-Home Rule Sales Tax [50.6%]Municipal Sales Tax [43.1%]Business District Tax [6.2%]Tax Revenue <5% [0.1%]

Sales Taxes Collected in East Peoria in 2024

Type of TaxAmount Collected in Year% Change From Previous Year
Non-Home Rule Sales Tax$13,752,0675.1%
Municipal Sales Tax$11,735,77513.4%
Business District Tax$1,682,8746.4%
Municipal Automobile Renting Tax$27,28914.6%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS