Rockford, IL — income, home value, property tax, and sales tax.
In ZIP 61073, near Rockford, homes carry a median value of $239,100, and the county-level effective property tax rate of 2.39% means an owner of such a home would owe roughly $5,700 a year in property taxes. That figure sits against a median household income of $102,064, so the annual tax bill equals about 5.6% of a typical household's earnings. Per-capita income reaches $44,255. A combined sales tax rate of 7.75% applies to purchases, adding another cost alongside the property tax load.