Galesburg, IL — income, home value, property tax, and sales tax.
Homes around Galesburg in ZIP 61485 carry a median value of $106,100, and the county-level property tax rate of 1.96% works out to roughly $2,080 a year on a house at that price. With median household income at $59,306 and per-capita income at $38,074, that tax bill equals about 3.5% of a typical household's earnings. Sales tax in the area sits at 7.75%. Buyers drawn by the lower entry price should still weigh the annual tax alongside their mortgage payment.
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