Belknap, IL — income, home value, property tax, and sales tax.
Households in the 62972 ZIP code, near Belknap, report a median income of $84,175, with per-capita income at $40,891. A median home value of $188,800 pairs with a county property tax rate of 1.24%, which works out to roughly $2,341 a year for a home at that value. Sales tax in the area combines to 7.75%, so everyday purchases carry that added cost. Together, income and home prices sit in a range where the property tax bill and sales tax both factor into what a household keeps and spends each year.
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