ZIP Code 62702

In ZIP code 62702, which covers part of Springfield, households earn a median of $51,136, or about $30,900 per person. A median home value of $103,500 keeps entry into ownership within reach, though the county's 1.99% effective property tax rate means annual bills still claim a noticeable share of that income. Add Springfield's combined 10.00% sales tax, and everyday purchases carry a higher premium than many shoppers elsewhere face. Together these costs shape how far a paycheck stretches here, with housing and consumption taxes both drawing on earnings that sit below many comparable areas.