Peoria, IL — income, home value, property tax, and sales tax.
In ZIP code 61525, near Peoria, homes carry a median value of $320,100 while the county-level effective property tax rate sits at 2.24%. That combination translates into a yearly property tax bill of roughly $7,170 before any exemptions. Households here report a median income of $161,165, and per-capita income reaches $60,283, so the tax load absorbs a comparatively slim share of earnings. Sales tax in the area totals 7.25%, adding to everyday costs. Strong incomes against a mid-range housing stock keep ownership within reach for many buyers in this Peoria-area ZIP.
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