Bingham, IL — income, home value, property tax, and sales tax.
With a median household income of $64,904 and per-capita income of $32,930, ZIP code 62431 sits squarely in middle-income territory near Bingham. Homes here carry a median value of $122,200, and the county-level property tax rate of 1.50% means owners pay a meaningful share of that value each year. Add a combined sales tax of 7.25%, and the overall tax picture reflects a working- and middle-income area rather than an affluent one, where housing costs stay within reach but taxes still take a noticeable bite out of household budgets.
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