Quantcast

NW Illinois News

Saturday, May 24, 2025

Stephenson County residents pay just under $2.6 million in Special County Retailers Occupation Tax in 2024

Webp david harris 2

Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Stephenson County taxpayers paid just under $2.6 million in Special County Retailers Occupation Tax in 2024, according to Illinois tax records.

This figure marks a noticeable decrease from the previous year, when Special County Retailers Occupation Tax collection stood at approximately $2.6 million.

The Special County Retailers Occupation Tax, a crucial revenue stream, is primarily allocated for county governments' use.

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.

Special County Retailers Occupation Tax Collected in Stephenson County Over Last 7 Years
YearAmount Collected% Change from Previous Year
2024$2,561,357-0.1%
2023$2,564,6193.5%
2022$2,478,02910.7%
2021$2,238,40523.1%
2020$1,818,4517.4%
2019$1,692,652-6%
2018$1,801,298-

MORE NEWS