Baldwin, IL — income, home value, property tax, and sales tax.
In ZIP code 62241, near Baldwin, homes carry a median value of $148,800, and the county-level property tax rate of 1.43% works out to roughly $2,128 a year on that amount. With median household income at $83,438, that tax bill equals about 2.5% of annual earnings, a share many households can absorb without straining other spending. Per-capita income sits at $38,656. Sales taxes add 7.25% at the register, a cost that applies to purchases rather than ownership. Taken together, home prices here stay within reach of local incomes.
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