Peoria, IL — income, home value, property tax, and sales tax.
With a median household income of $44,167 and per-capita income of $28,211, ZIP code 61451 sits in working-class territory near Peoria. Homes here carry a median value of $121,500, and the county-level property tax rate of 2.24% means owners pay a meaningful share of that value each year in taxes. Add a combined sales tax of 7.25% on purchases, and the overall tax load takes a noticeable bite out of household earnings that already trail state and national medians. This is a community where wages stretch thinner and taxes claim a larger slice of everyday spending.
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