Rockford, IL — income, home value, property tax, and sales tax.
In ZIP 61109, which takes in part of Rockford, homes carry a median value of $139,400, and the county's 2.39% effective property tax rate works out to roughly $3,300 a year for a house at that price. Households here earn a median of $62,973, while per-capita income sits at $33,806, so property taxes claim a noticeable share of earnings. Adding an 8.75% combined sales tax raises the overall cost of living. Buyers drawn by lower home prices should weigh that ongoing tax bill alongside their mortgage.
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