Forest City, IL — income, home value, property tax, and sales tax.
In ZIP code 62633, near Forest City, homes carry a median value of $86,900 while the county-level effective property tax rate is 2.09%. That combination yields an annual property tax bill of roughly $1,816. Households here report a median income of $44,783, so property taxes absorb around 4% of that total, a figure shaped as much by the tax rate as by the housing stock itself. Per-capita income stands at $38,268. A 7.25% combined sales tax applies to purchases, adding another cost alongside the yearly property tax obligation.
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