Elgin, IL — income, home value, property tax, and sales tax.
In ZIP code 60177, near Elgin, homes carry a median value of $340,000, and the county-level effective property tax rate of 2.26% translates into roughly $7,684 in annual property taxes on a home at that median value. Households here earn a median of $126,144, while per-capita income sits at $52,261, so the property tax bill claims a meaningful share of yearly earnings. A 7.00% combined sales tax rate applies to purchases in the area. Buyers weighing a move here should factor both the purchase price and the ongoing tax load into their plans.
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