ZIP Code 60554

Elgin, IL — income, home value, property tax, and sales tax.

Median household income
$122,734
Per-capita income
$58,448
Median home value
$327,000
Property tax rate
2.26%
Combined sales tax
7.00%

In ZIP code 60554, near Elgin, households earn a median of $122,734, with per-capita income at $58,448. That earnings base shapes how far each paycheck stretches. A median home valued at $386,400 carries a county-level property tax rate of 2.26%, which works out to a substantial annual bill folded into housing costs. Sales tax across the area totals 7.00%, adding to everyday purchases. Together these figures sketch a community where incomes run well above many parts of the state, though property taxes claim a meaningful share of that earnings power.

See how Elgin, IL taxes stack up

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