Decatur, IL — income, home value, property tax, and sales tax.
In ZIP code 62532, near Decatur, households earn an average of $51,105 per person, while homes are valued at a median of $122,200. Property taxes run at 2.12% of assessed value at the county level, which works out to a meaningful annual cost on a home at that price. Add a combined sales tax of 7.75% on purchases, and the overall picture shows income that sits above the home values in this area, giving buyers here some breathing room even with those tax rates factored in.
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