Springfield, IL — income, home value, property tax, and sales tax.
In ZIP code 62520, near Springfield, households earn a median of $84,500, with per-capita income at $42,120. Homes here carry a median value of $226,400, and the county-level property tax rate of 1.99% means an owner of such a home would owe roughly $4,505 annually. Sales taxes add 7.75% to most purchases. Together, these figures sketch a community where earnings run above many parts of the state, though the property levy takes a noticeable slice, and everyday spending carries a combined rate that shoppers will feel at the register.
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