Peoria, IL — income, home value, property tax, and sales tax.
In ZIP code 61552, near Peoria, households earn an average of $31,622 per person, while median home values sit at just $56,300. Property taxes in this county run 2.24% of assessed value, and the combined sales tax rate is 7.25%. That pairing means a home purchase here carries a heavier annual tax load than the price tag alone implies, even though the low median value keeps the dollar amount contained. Day-to-day spending also includes the 7.25% sales tax on most purchases. Income, housing costs, and both tax rates together shape what a household can realistically keep.