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While Proposition 30 also enacted a minimum state sales tax of 7.5%, this sales tax increase was not extended by Proposition 55 and reverted to a previous minimum state sales tax rate of 7.25% in 2017. Local governments can and do levy additional sales taxes in addition to this minimum rate.
There are 5,056,360 households in Illinois, with an average size of 2.4 people per household. 90.4% of the adult population has a high school diploma, and 37.7% of the population over 25 has a bachelor's degree or higher, compared to a national average of 35.7%.
The average household size was 1.95 and the average family size was 2.64. 12.8% of the population were under the age of 18, 20.6% from 18 to 24, 18.6% from 25 to 44, 20.3% from 45 to 64, and 27.6% who were 65 years of age or older. The median age was 42.2 years. For every 100 females, the population had 104.7 males.
We can always find things that we'd rather spend the money on today than save for this thing that's going to happen in 10 or 20 or 30 years.” It’s not just the future that looks grim.
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