Champaign, IL — income, home value, property tax, and sales tax.
In ZIP code 61821, which takes in part of Champaign, homes carry a median value of $181,800 while households earn a median of $70,715. At the county's 2.06% effective property tax rate, an owner of a median-priced home would owe roughly $3,745 a year — about 5.3% of median household income. Per-capita income sits at $43,765. Shoppers here also pay a combined 9.00% sales tax. Home prices stay within reach of local earnings, though the property tax rate adds a meaningful annual cost on top of a mortgage.
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