State Sen. John Cullerton (D-Chicago) is eager to raise state income taxes. Taxpayers in his north side district will pay the most. | City Club of Chicago
State Sen. John Cullerton (D-Chicago) is eager to raise state income taxes. Taxpayers in his north side district will pay the most. | City Club of Chicago
Northwest Cook County taxpayers would see a total of $435 million in state income tax increases if a tax hike measure passed by the Democrat-controlled Illinois State Senate becomes law.
The Northwest Cook County community that would see the largest increase is Barrington/South Barrington/West Inverness, which would see a total increase of $55 million and an average increase of $2,650.
Other communities that would see a large collective increase include North Arlington Heights ($27.5 million), West Palatine/East Inverness ($26.4 million), Park Ridge ($25.1 million) and Buffalo Grove ($22.7 million).
Taxpayers from West Palatine/East Inverness ($1,341), Park Ridge ($1,328), Lincolnwood ($1,172) and West Hoffman Estates ($1,093) would see the highest average increases.
Led by Senate President John Cullerton (D-Chicago), Democrats passed the individual income tax hike last week-- from 3.75 percent to 4.95 percent-- along with a broader set of tax increases on businesses.
If their projections prove correct, individual Illinois taxpayers will send an additional $4.453 billion to Springfield each year as a result of the higher rates. Businesses will pay another $1 billon.
LGIS looked at 2014 income taxes paid by zip code to create a ranking of the highest-paying Northwest Cook County communities.
Its analysis looked at the percentage of total state income taxes paid by zip code, as reported by the Illinois Department of Revenue. It then applied that percentage to the amount Senate Democrats expect their tax hike will raise to calculate an average increase.
The analysis used 2014 tax return data, which is the latest available and also represents a year in which state income taxes were higher-- five percent, or approximately the level to which the Democrats are hoping to raise them.
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Top income tax-paying communities in NW Cook County
Which communities pay the highest income taxes in Northwest Cook County?
Ranking | Communities | Zip | Average State Income Tax Increase | Total Returns filed by Zip |
1 | Barrington / South Barrington / Inverness (West) | 60010 | $2,650 | 20,747 |
2 | Palatine (West), Inverness (East) | 60067 | $1,341 | 19,706 |
3 | Park Ridge | 60068 | $1,328 | 18,893 |
4 | Lincolnwood | 60712 | $1,172 | 6,065 |
5 | Hoffman Estates (West) | 60192 | $1,093 | 7,356 |
6 | Buffalo Grove | 60089 | $1,073 | 21,127 |
7 | Arlington Heights (North) | 60004 | $1,067 | 25,736 |
8 | Arlington Heights (South) | 60005 | $1,017 | 14,933 |
9 | Schaumburg (Northeast) | 60173 | $963 | 6,811 |
10 | Bartlett | 60103 | $916 | 19,609 |
11 | Skokie (West) | 60077 | $807 | 13,132 |
12 | Schaumburg (Far North) | 60195 | $793 | 2,651 |
13 | Des Plaines (South) | 60018 | $779 | 14,508 |
14 | Rosemont | 60018 | $779 | 14,508 |
15 | Roselle | 60172 | $775 | 12,462 |
16 | Skokie (East) | 60076 | $765 | 16,015 |
17 | Schaumburg (South) | 60193 | $750 | 20,001 |
18 | Morton Grove | 60053 | $735 | 11,797 |
19 | Mount Prospect | 60056 | $722 | 27,789 |
20 | Prospect Heights | 60070 | $711 | 7,795 |
21 | Elk Grove Village | 60007 | $704 | 17,953 |
22 | Schaumburg (Northwest) | 60194 | $687 | 9,739 |
23 | Rolling Meadows | 60008 | $642 | 11,108 |
24 | Palatine (East) | 60074 | $633 | 18,492 |
25 | Hoffman Estates (East) | 60169 | $615 | 16,089 |
26 | Streamwood | 60107 | $609 | 18,679 |
27 | Wheeling | 60090 | $575 | 19,101 |
28 | Des Plaines (North) | 60016 | $573 | 30,622 |
29 | Niles | 60714 | $553 | 15,003 |
30 | Hanover Park | 60133 | $490 | 16,995 |
31 | Elgin (East) | 60120 | $464 | 22,307 |
32 | Schiller Park | 60176 | $434 | 5,931 |
Source: Illinois Department of Revenue; Blockshopper.com
How much more will your community pay?
If state income taxes are increased to 4.95 percent from 3.75 percent, how much more will taxpayers in your community pay for state government?
Ranking | Communities | Zip | Estimated State Income Tax Increase |
1 | Barrington / South Barrington / Inverness (West) / Barrington Hills | 60010 | $54,972,193 |
2 | Arlington Heights (North) | 60004 | $27,469,479 |
3 | Palatine (West), Inverness (East) | 60067 | $26,419,667 |
4 | Park Ridge | 60068 | $25,091,630 |
5 | Buffalo Grove | 60089 | $22,665,393 |
6 | Mount Prospect | 60056 | $20,067,935 |
7 | Bartlett | 60103 | $17,953,720 |
8 | Des Plaines (North) | 60016 | $17,559,308 |
9 | Arlington Heights (South) | 60005 | $15,191,059 |
10 | Schaumburg (South) | 60193 | $15,009,801 |
11 | Elk Grove Village | 60007 | $12,630,347 |
12 | Skokie (East) | 60076 | $12,247,500 |
13 | Palatine (East) | 60074 | $11,706,894 |
14 | Streamwood | 60107 | $11,370,653 |
15 | Des Plaines (South) | 60018 | $11,300,372 |
16 | Rosemont | 60018 | $11,300,372 |
17 | Wheeling | 60090 | $10,987,934 |
18 | Skokie (West) | 60077 | $10,593,141 |
19 | Elgin (East) | 60120 | $10,355,922 |
20 | Hoffman Estates (East) | 60169 | $9,889,995 |
21 | Roselle | 60172 | $9,662,905 |
22 | Morton Grove | 60053 | $8,671,979 |
23 | Hanover Park | 60133 | $8,333,750 |
24 | Niles | 60714 | $8,289,631 |
25 | Hoffman Estates (West) | 60192 | $8,042,136 |
26 | Rolling Meadows | 60008 | $7,126,015 |
27 | Lincolnwood | 60712 | $7,105,718 |
28 | Schaumburg (Northwest) | 60194 | $6,687,132 |
29 | Schaumburg (Northeast) | 60173 | $6,557,906 |
30 | Prospect Heights | 60070 | $5,540,555 |
31 | Schiller Park | 60176 | $2,575,731 |
32 | Schaumburg (Far North) | 60195 | $2,103,373 |
TOTAL | $435,480,146 |
Sources: Illinois Department of Revenue; Blockshopper.com; Illinois Senate Democrats
*Assumes tax increase will meet Senate Democrats' projections.