Bingham, IL — income, home value, property tax, and sales tax.
In ZIP code 62892, near Bingham, households report a median income of $75,417, while per-capita income sits at $35,769. Homes here carry a median value of $86,300, and county property taxes run at an effective rate of 1.71% — a combination that keeps annual tax bills tied closely to a fairly low housing base. Sales taxes add 7.25% at the register. Taken together, the income level comfortably exceeds what the housing stock costs, though the property tax rate itself is on the higher side, meaning owners should weigh that against the lower home values.
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