Galesburg, IL — income, home value, property tax, and sales tax.
In ZIP 61489, near Galesburg, homes carry a median value of $148,500, and the county-level effective property tax rate of 1.96% works out to roughly $2,911 a year in taxes on such a home. With median household income at $98,125 and per-capita income at $49,509, that tax bill equals about 3% of household earnings. A combined sales tax rate of 7.75% applies to purchases. Higher earnings paired with below-average home values keep property taxes from consuming a large share of income, even though the rate itself is above many parts of the state.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.