ZIP Code 62501

In ZIP code 62501, near Decatur, homes carry a median value of $172,200, and the county-level effective property tax rate of 2.12% translates into roughly $3,650 in annual taxes on such a home. With median household income at $95,889 and per-capita income at $56,604, that tax bill absorbs under 4% of a typical household's yearly earnings, a share many homeowners elsewhere would envy. The 7.75% combined sales tax rate adds a bit to everyday costs, but the relationship between local earnings and housing prices keeps ownership within reach here.