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Jacob
Jacob
Illinois
0 reviews
Jacob, Illinois by Paul Sableman is licensed under CC BY 2.0
Jacob is an unincorporated community in Jackson County, Illinois, United States. Jacob is located along a railroad line 3 miles (4.8 km) northwest of Gorham. Jacob has a post office with ZIP code 62950.
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Taxes

C+

How did Illinois earn the grade of C+? We examined the state taxes based on how age friendly they are. Illinois has a state sales tax of 6.25%. Of particular interest is that Illinois does not have taxes on social security. There are estate taxes. There are no taxes imposed on inheritance. Illinois has an effective property tax rate of 2.32%. Weighing these taxes and other taxes most likely to impact the aging population is how Illinois earned its state tax grade of C+.

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