ZIP Code 62885

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

Median household income
$64,688
Per-capita income
$32,353
Median home value
$130,700
Property tax rate
1.45%
Combined sales tax
7.25%

In ZIP 62885, near Bingham, homes carry a median value of $150,200 and the county's effective property tax rate of 1.45% translates to roughly $2,178 a year in taxes on such a home. Households earn a median of $64,688, while per-capita income sits at $32,353, so the annual property tax bill amounts to about 3.4% of median household earnings. Combined with a 7.25% sales tax rate, housing costs and day-to-day purchases both draw on local paychecks. Whether that balance feels workable depends largely on individual income and how long residents stay in their homes.

See how Bingham, IL taxes stack up

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