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1.5million
work force in Greater St. Louis |
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Illinois does not have a statewide property tax. Property is taxed on the local level only, and includes only real property such as land, buildings or permanent facilities. Real property is assessed at 33 1/3% of market value. Illinois does not tax personal property such as automobiles, trucks, or boats. The property tax is the largest single tax in Illinois, and is a major source of tax revenue for local government taxing districts. For more information, click here. 2004 Real property tax rates for selected municipalities located in Illinois Counties of the St. Louis MSA:
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