ZIP Code 61016

Households in ZIP code 61016, near Rockford, bring in a median income of $84,883, with per-capita income at $47,198. A median home value of $231,200 pairs with a county effective property tax rate of 2.39%, which works out to meaningful annual bills on that price. Add the combined sales tax of 7.75% on everyday purchases, and the overall cost picture takes shape: solid earnings against a housing market that is neither the cheapest nor the priciest around. Both tax rates deserve attention when weighing what a move here would actually cost.