Taxes in Urbana, Illinois
Complete tax guide for Urbana, IL. State income tax up to 4.95%, 2.08% property tax, 7.5% sales tax. Calculate your total tax burden.
State Income Tax
4.95%
Illinois
Property Tax
2.08%
Effective rate
Sales Tax
7.5%
Combined rate
Tax Burden
High
Urbana, IL Tax Overview
Population
38,336
Median Income
$62,100
Cost of Living
86.9 (100 = avg)
State Income Tax
4.95%
Median Home Price
$231,000
Urbana Tax Calculator
Pre-filled with Urbana median: $62,100
Total Tax Burden in Urbana
$13,238
Take-Home: $48,862 · Effective Rate: 21.32%
Federal Tax
$5,414
8.72% eff.
IL State
$3,074
4.95% eff.
FICA
$4,751
7.65% eff.
Take-Home
$48,862
78.68% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $62,100.00 | $5,175.00 |
| Federal Income Tax | -$5,413.50 | -$451.13 |
| Illinois State Tax | -$3,073.95 | -$256.16 |
| Social Security (6.2%) | -$3,850.20 | -$320.85 |
| Medicare (1.45%) | -$900.45 | -$75.04 |
| Take-Home Pay | $48,861.90 | $4,071.83 |
Property Tax in Urbana
Median Home
$231,000
Annual Tax
$4,805
Monthly Tax
$400
Effective Rate
2.08%
Sales Tax in Urbana
Combined Rate
7.5%
State Portion
~5.0%
Local Portion
~2.5%
The combined sales tax rate in Urbana is 7.5%, which is above the national average of 7.12%. On a $100 purchase, you would pay $7.50 in sales tax.
Tax Burden Comparison
| Tax Type | Urbana | Illinois Avg | National Avg |
|---|---|---|---|
| Income Tax | 4.95% | 4.95% | 4.6% |
| Property Tax | 2.08% | ~2.08% | 1.1% |
| Sales Tax | 7.5% | ~7.5% | 7.12% |
| Overall Burden | High | — | Moderate |
Tax Saving Tips for Urbana Residents
- Illinois's income tax rate of 4.95% is competitive. You may still benefit from maximizing 401(k) contributions ($23,500 limit) to reduce your taxable income at both state and federal levels.
- Property tax in Urbana (2.08%) is above the national average. Check if you qualify for homestead exemptions or assessment appeals to reduce your property tax bill.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Illinois
Chicago
Very HighAurora
HighJoliet
HighNaperville
Very HighRockford
HighElgin
HighSpringfield
ModeratePeoria
ModerateChampaign
HighCalculate Your Full Illinois Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Urbana, IL?
Urbana, Illinois has a state income tax rate up to 4.95%. The property tax rate is 2.08% and the combined sales tax rate is 7.5%.
How much is property tax in Urbana?
The effective property tax rate in Urbana is 2.08%. On the median home price of $231,000, this equals approximately $4,805 per year or $400 per month. This is above the national average of 1.1%.
What is the sales tax rate in Urbana?
The combined sales tax rate in Urbana is 7.5%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.
How does Urbana's tax burden compare to other cities?
Urbana has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.2%. The combination of 4.95% state income tax, 2.08% property tax, and 7.5% sales tax determines the total burden. Cost of living index is 86.9 (100 = national average).
Are there any local taxes in Urbana?
Urbana does not impose a separate local or city income tax. Residents pay the state income tax of 4.95%, federal income tax, and FICA (Social Security and Medicare).