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Illinois Income Tax Calculator — Updated 2026

Illinois (IL) · State tax: 4.95% · Property tax: 0.85%

Illinois levies a 4.95% state income tax, which applies on top of your federal tax obligations. This creates a combined marginal rate that directly reduces your take-home pay and affects retirement contribution decisions. The cost of living index in Illinois is 104, so your after-tax dollars have roughly average purchasing power. Use this calculator to estimate your total Illinois income tax liability for 2026, including applicable deductions and credits.

Illinois Financial Data (2026)

State Income Tax
4.95%
Property Tax Rate
0.85%
Median Home Price
$315,000
Annual Property Tax (median home)
$2,678
Avg Homeowners Insurance
$1,440/year
Cost of Living Index
104 (100 = avg)
State Estate Tax
Yes
State Abbreviation
IL