Elgin, IL — income, home value, property tax, and sales tax.
ZIP code 60175, near Elgin, ranks among the wealthier areas in the region, with a median household income of $181,352 and per-capita income of $73,047. Homes here carry a median value of $519,700, and the county-level effective property tax rate of 2.26% means owners of such properties owe a substantial annual sum. A combined sales tax rate of 7.00% applies to purchases in the area. Together, the high incomes and elevated home values place this ZIP firmly in affluent territory, though the accompanying property tax bill is a real cost of living there.
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