Champaign, IL — income, home value, property tax, and sales tax.
In ZIP code 61845, near Champaign, homes carry a median value of $262,500, and the county-level effective property tax rate of 2.06% works out to roughly $5,400 a year in property taxes. With median household income at $91,389, that tax bill absorbs a noticeable share of annual earnings, even though per-capita income sits lower at $43,321. A 7.50% combined sales tax rate adds further cost to everyday purchases. Buyers weighing a move here should factor both the purchase price and the recurring tax load into what they can genuinely carry each year.
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