Mount Prospect Sales Tax Rates for 2021

Mount Prospect in Illinois has a tax rate of 10% for 2021, this includes the Illinois Sales Tax Rate of 6.25% and Local Sales Tax Rates in Mount Prospect totaling 3.75%. You can find more tax rates and allowances for Mount Prospect and Illinois in the 2021 Illinois Tax Tables.

How Does Sales Tax in Mount Prospect compare to the rest of Illinois?

Mount Prospect Sales Rates: This image illustrates a calculator robot calculating Mount Prospect sales tax manually using the Mount Prospect Sales Tax Formula. You can use this information to calculate Mount Prospect Sales Tax manually or use the Mount Prospect Sales Tax Calculator to calculate sales tax online.

Illinois has 802 seperate areas each with their own Sales Tax rates with the lowest Sales Tax rate in Illinois being 6.25% and the highest Sales Tax rate in Illinois at 10%.

How is Sales Tax Calculated in Mount Prospect, Illinois

Sales Tax in Mount Prospect, Illinois is calculated using the following formula:

Sales Tax Rate = s + c + l + sr

Where:

  • s = Illinois State Sales Tax Rate (6.25%)
  • c = County Sales Tax Rate
  • l = Local Sales Tax Rate
  • sr = Special Sales Tax Rate

You can calculate Sales Tax manually using the formula or use the Mount Prospect Sales Tax Calculator or compare Sales Tax between different locations within Illinois using the Illinois State Sales Tax Comparison Calculator.

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