Tax Burden in ZIP Code 61101

Rockford, ILWinnebago County

At the median income of $42,000, the estimated total tax burden in ZIP 61101 is $10,633 (25.3% effective rate), including federal income tax, FICA, and property tax.

Federal Tax (est.)

$4,200

FICA

$3,213

Property Tax

$3,220

Total Tax Burden

$10,633

25.3% effective

Tax Details for ZIP 61101

ZIP code 61101 is located in Winnebago County, IL, within the Rockford MSA metropolitan area. The area has a cost of living index of 84 (100 = national average), making it more affordable than the national average.

The effective property tax rate is 2.80%. On the median home price of $115,000, this equals $3,220 per year ($268/month).

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