Director David Harris | Illinois Department of Revenue
Director David Harris | Illinois Department of Revenue
This figure marks a significant decrease from the previous year, when Countywide Sales Tax collection stood at $453,433.
The Countywide Sales 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.
Countywide Sales Tax Collected in Putnam County Over Last 7 Years
Year | Amount Collected | % Change from Previous Year |
---|---|---|
2024 | $368,113 | -18.8% |
2023 | $453,433 | -20.5% |
2022 | $570,187 | 38.3% |
2021 | $412,409 | 53.1% |
2020 | $269,383 | -23% |
2019 | $349,882 | -17.8% |
2018 | $425,657 | - |