More people still moved out of Illinois than moved in during 2025, but the gap was smaller than it’s been for the past 16 years, according to Atlas Van Lines.
A new ranking of the best states to live in puts Illinois at No. 17. It could have scored much better, but the state economy ranked near the bottom of the nation. Quality of life ranked near the top.
Illinois has the third-highest corporate income taxes in the nation. These are some of the most harmful taxes to economic growth, particularly in times of economic hardship.
Illinois Gov. J.B. Pritzker’s budget proposal slashes general funds for economic development while relying on federal dollars to mask the cuts. This move raises doubts about the governor’s fiscal priorities.
Typical property tax bill increased 78% on a Cook County residence since 2007. Median property values only rose 7.3%. That leaves residents paying $2,558 more a year in property taxes while their biggest investment fails to keep up with inflation.
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...
Illinois saw the third-highest rate of residents moving out in 2024 based on a survey by Atlas Van Lines. Jobs and taxes are among the top reasons people leave Illinois, which is also third in the nation for highest unemployment rate.
Published Oct. 16, 2024 Illinois finds itself at a crossroads: will it empower minorities and poor people to unleash their potential, or will it perpetuate an inequitable status quo? For far too many Illinoisans, opportunity is unfairly and unnecessarily out of reach. Illinois ranks in the bottom ten among all states in social mobility and...
Published Sept. 26, 2024 Illinois is in the midst of a housing affordability crisis. Over a third of residents are considered “burdened” by housing costs, meaning they pay over 30% of their income on costs related to housing. That is a greater portion of residents burdened by housing than any other state in the Midwest....
Student literacy is in trouble nationally, which is why Illinois is one of 35 states where just 1 in 3 – or fewer – of its fourth graders met reading standards in 2022.