Serena, IL — income, home value, property tax, and sales tax.
Homes in the Serena area near ZIP code 60557 carry a county-level effective property tax rate of 2.11%, so a house valued at $250,000 would generate roughly $5,275 in annual property taxes. That bill lands hardest on households with lower earnings, since the tax is tied to assessed value rather than income. Sales taxes add 6.50% to most purchases, trimming spending power further. Together, these costs shape what buyers in this ZIP can realistically afford, and how much of each paycheck stays available once the tax bill comes due each year.