Lakewood, IL — income, home value, property tax, and sales tax.
In ZIP code 62444, near Lakewood, households earn a median of $62,358, while per-capita income sits at $24,438. Homes are valued at a median of $119,600, and the county-level property tax rate of 1.50% means annual taxes on such a home would run about $1,794. Adding the combined sales tax of 7.25% on purchases, the overall cost picture blends a mid-range income with housing prices well below many national figures. That pairing of earnings and home values shapes how far each dollar stretches across daily expenses and long-term ownership alike.
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