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Saturday, May 17, 2025

Henry County residents pay approximately $2.4 million in Special County Retailers Occupation Tax in 2024

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Director David Harris | Illinois Department of Revenue

Director David Harris | Illinois Department of Revenue

Henry County taxpayers paid approximately $2.4 million in Special County Retailers Occupation Tax in 2024, according to Illinois tax records.

This figure marks a noticeable increase over the previous year, when Special County Retailers Occupation Tax collection stood just under $2.4 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 Henry County Over Last 7 Years
YearAmount Collected% Change from Previous Year
2024$2,365,7920.2%
2023$2,360,911-0.6%
2022$2,375,83912.5%
2021$2,111,35932.5%
2020$1,593,09320.6%
2019$1,320,747-
2018$0-

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