Rockford, IL — income, home value, property tax, and sales tax.
In ZIP code 61024, near Rockford, households earn a median of $70,750, while per-capita income sits at $38,924. A median home value of $152,700 pairs with a county-level property tax rate of 2.39%, so annual property taxes on such a home would run roughly $3,650. Adding a combined sales tax of 7.75% on purchases, the overall cost picture blends a mid-range income with housing costs and two ongoing taxes. Buyers weighing this area should factor both the property tax bill and the sales tax into their yearly spending alongside their mortgage.
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