| Economic Outlook Data |
|
Overall Outlook Rank
|
45th
|
47th
|
|
Top Marginal Personal Income Tax Rate
|
4.95%
|
14.60%
|
|
Top Marginal Corporate Income Tax Rate
|
9.50%
|
10.35%
|
|
Personal Income Tax Progressivity
(change in tax liability per $1,000 of income)
|
$1.88
|
$42.65
|
|
Property Tax Burden
(per $1,000 of personal income)
|
$38.44
|
$29.70
|
|
Sales Tax Burden
(per $1,000 of personal income)
|
$21.10
|
$24.27
|
|
Remaining Tax Burden
(per $1,000 of personal income)
|
$23.78
|
$18.20
|
|
Estate / Inheritance Tax Levied?
|
Yes
|
No
|
|
Recently Legislated Tax Changes
|
$0.58
|
$2.76
|
|
Debt Service as a Share of Tax Revenue
|
5.30%
|
4.63%
|
|
Public Employees Per 10,000 of Population
(full-time equivalent)
|
499.37
|
506.22
|
|
State Liability System Costs
(as a share of state GDP)
|
2.07%
|
1.99%
|
|
State Minimum Wage
(federal floor is $7.25)
|
$15.00
|
$16.90
|
|
Average Workers' Compensation Costs
(per $100 of payroll)
|
$1.34
|
$1.86
|
|
Right-to-Work State?
(option to join or support a union)
|
No
|
No
|
|
Tax Expenditure Limits
|
0
|
2
|
| Economic Performance Data |
| Overall Performance Rank |
49
|
25
|
| State Gross Domestic Product |
47.26%
|
75.18%
|
| Absolute Domestic Migration |
-995,789
|
-2,138,448
|
| Non-Farm Payroll Employment |
3.12%
|
13.27%
|
|
Illinois Profile
|
California Profile
|
