ZIP Code 62706

Springfield, IL — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$176,300
Property tax rate
1.99%
Combined sales tax
7.75%

In ZIP code 62706, which covers part of Springfield, the county-level property tax rate sits at 1.99%, so a household's annual tax bill tracks closely with whatever their home is worth. Sales taxes add up to 7.75% on purchases, a cost that shows up steadily throughout the year rather than in one lump sum. Taken together, these two rates shape how far a paycheck stretches: housing carries the heavier weight, while everyday spending takes a smaller but constant bite. Households weighing a move here should factor both into their monthly planning, since earnings have to cover the property tax alongside the higher checkout total on routine buys.

See how Springfield, IL taxes stack up

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