Peoria, IL — income, home value, property tax, and sales tax.
In ZIP code 61616, near Peoria, households earn a median of $60,099, while per-capita income reaches $43,036. A median home value of $117,700 pairs with a 2.24% county property tax rate, which works out to roughly $2,636 annually for a home at that value. Sales tax across the area totals 7.25%, adding to everyday purchase costs. Together these figures sketch a straightforward cost picture: income sits near the middle, housing prices stay below many national averages, and the two tax rates shape what a household keeps after paying for a home and daily goods.
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