Kankakee, IL — income, home value, property tax, and sales tax.
In ZIP code 60950, which takes in Kankakee, households earn a median of $89,125, while per-capita income comes to $44,639. A median home value of $259,200 paired with a 2.21% county property tax rate means annual property taxes land near $5,728, a real line item against that income. Sales tax runs 6.25% on purchases, adding a bit more to everyday costs. Even so, the gap between median household earnings and per-person income points to many multi-earner homes, which helps absorb both the property tax bill and the sales tax on regular spending.
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