Lakewood, IL — income, home value, property tax, and sales tax.
In ZIP 62465, near Lakewood, homes carry a median value of $152,500 while the county's effective property tax rate sits at 1.50%. That works out to roughly $2,288 in annual property taxes on a median-valued home. Households here earn a median of $84,286, so the tax bill equals about 2.7% of typical household income, a share that most owners can absorb without straining. Per-capita income reaches $42,183. Sales taxes add 7.25% at the register, a separate cost from ownership. Together these figures show a housing market where median values stay within reach of local earnings.
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