Elgin, IL — income, home value, property tax, and sales tax.
ZIP code 60119, near Elgin, ranks as an affluent area, with a median household income of $130,722 and per-capita income of $63,195. Homes here carry a median value of $402,300, and the county-level property tax rate of 2.26% means owners pay a substantial sum each year on that valuation. Sales tax stands at 7.00%. High earnings and pricey housing pair with a heavy property tax obligation, so the overall tax load leans firmly toward the upper end rather than the middle.
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