Baldwin, IL — income, home value, property tax, and sales tax.
In ZIP code 62233, which takes in Baldwin, homes carry a median value of $120,500 while the county-level effective property tax rate sits at 1.43% — an annual bill of roughly $1,723 on that median home. With median household income at $84,556, that tax equals about 2% of a household's yearly earnings, a share many owners can absorb without strain. Per-capita income of $26,412, though, shows how much lower individual earnings run. Sales taxes add 7.25% to purchases, trimming what's left after housing costs.
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