Rockford, IL — income, home value, property tax, and sales tax.
ZIP code 61047, near Rockford, sits in middle-income territory, with a median household income of $86,056 and per-capita income of $41,013. Homes here carry a median value of $242,200, and the county-level property tax rate of 2.06% means owners pay a meaningful share of that value each year in taxes. Combined with a 6.25% sales tax, the overall tax load leans heavier than many places. Households earning around the median can cover these costs, though the property tax rate takes a noticeable bite out of ownership expenses.
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