Champaign, IL — income, home value, property tax, and sales tax.
In ZIP 61877, near Champaign, homes carry a median value of $209,700 while households earn a median of $96,750 — a ratio that keeps ownership within reach for many buyers. The county's 2.06% effective property tax rate works out to roughly $4,320 annually on a home at that median value, or about 4.5% of median household income. Per-capita income sits at $49,961. A combined sales tax of 7.50% applies to purchases in the area, adding to the overall cost of living beyond the property tax bill.
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