Belknap, IL — income, home value, property tax, and sales tax.
With a median household income of $83,194, ZIP 62943 sits in middle-income territory, though its per-capita figure of $21,035 points to a wide spread between household earnings and individual income in and around Belknap. Homes here carry a median value of $138,600, and the county-level property tax rate of 1.24% applies against that base. Shoppers pay a combined 7.75% sales tax on purchases. Taken together, the tax structure leans on consumption as much as property, and the gap between median household and per-capita income hints at households with multiple earners rather than uniformly high individual wages.
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