ZIP Code 61605

In ZIP code 61605, on Peoria's south side, homes carry a median value of just $47,400, yet the county-level effective property tax rate of 2.24% still translates into a meaningful annual bill against a median household income of $26,392. That ratio of tax to earnings shapes ownership here more than the sticker price does. Per-capita income sits at $17,393, and a combined sales tax of 9.00% adds further cost to everyday purchases. Low home values keep entry within reach, but the tax rate and thin incomes together make carrying costs the real constraint.