Edwardsville, IL — income, home value, property tax, and sales tax.
In ZIP 62201, near Edwardsville, homes carry a median value of $60,000, and the county-level effective property tax rate of 2.03% works out to roughly $1,218 a year on such a home. That figure lands hard against a median household income of $27,437 and per-capita income of $20,212, since the tax alone claims a noticeable share of what households bring in. Combined with a 6.85% sales tax on purchases, the overall cost of living here presses on tight earnings, even though purchase prices themselves stay low.
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