Belknap, IL — income, home value, property tax, and sales tax.
Around Belknap, ZIP 62995 sits in working- to middle-income territory, with a median household income of $49,744 and per-capita income of $20,980. Homes here carry a median value of $154,800, and the county-level property tax rate of 1.24% applies against that value. Shoppers pay a combined 7.75% sales tax on purchases. Together these figures describe a place where earnings trail state and national averages, housing costs stay within reach of local wages, and the tax structure draws from both property owners and everyday spending.
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