ZIP Code 62438

Lakewood, IL — income, home value, property tax, and sales tax.

Median household income
$71,786
Per-capita income
$43,171
Median home value
$137,100
Property tax rate
1.50%
Combined sales tax
7.25%

In ZIP code 62438, near Lakewood, households bring in a median of $71,786 a year, with per-capita income at $43,171. A home priced at the median value of $218,400 would carry roughly $3,276 in annual property taxes at the county's 1.50% rate, a figure worth weighing against monthly earnings. Add the 7.25% combined sales tax on everyday purchases, and daily spending chips away at what's left after housing costs. The gap between total household earnings and per-person income also hints that many homes here hold more than one earner.

See how Lakewood, IL taxes stack up

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