Illinois Paycheck Calculator 2026

2026

Calculate your take-home pay in Illinois. Illinois has a flat income tax system. Based on current IL and federal tax rates.

Pay Type
$

Net Pay (Bi-Weekly)

$2,368.94

Annual Take-Home

$61,592.50

Total Tax (Annual)

$13,407.50

Paycheck Breakdown (Bi-Weekly)

Gross Pay$2,884.62
Federal Income Tax- $295.00
Social Security (6.2%)- $178.85
Medicare (1.45%)- $41.83
Net Pay$2,368.94

Annual Summary

Gross Annual Income$75,000.00
Federal Income Tax- $7,670.00
FICA (SS + Medicare)- $5,737.50
Total Deductions & Tax- $13,407.50
Annual Take-Home Pay$61,592.50
Monthly Take-Home$5,132.71

Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.

Illinois Tax Overview

Illinois has a flat income tax rate of 4.95% on all taxable income. The state constitution requires a flat-rate income tax. A 2020 ballot initiative to switch to graduated rates was rejected by voters.

Illinois does not have a standard deduction but offers a personal exemption of $2,625 per person (2025). Additional exemptions are available for age 65+ and blindness.

The Illinois Secure Choice Retirement Savings Program requires employers with 5+ employees and no employer-sponsored retirement plan to auto-enroll workers in a state-facilitated Roth IRA.

Illinois has one of the highest effective property tax rates in the nation at approximately 2.07%. Cook County (Chicago) and surrounding collar counties have particularly high rates.

Illinois imposes an estate tax on estates exceeding $4 million, with graduated rates up to 16%. The state minimum wage is $15.00/hr statewide and $16.50/hr in Chicago.

Illinois Key Rates & Limits (2026)

State Income Tax 0.0495% (flat)
State Sales Tax 0.0625%
Avg. Property Tax Rate 0.0207%
Minimum Wage $15/hr
State Disability Insurance (SDI) No
Paid Family Leave No