Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60026, near Chicago, households earn a median of $137,778, while per-capita income reaches $77,981. That earnings level shapes how housing and taxes fit into a budget. With a median home value of $694,200 and a county property tax rate of 1.91%, annual property taxes land around $13,259 before any exemptions. Add a combined sales tax of 9.00%, and everyday purchases carry a noticeable premium. The income picture here supports those costs, though the property tax bill alone absorbs a meaningful share of earnings, so buyers should weigh ownership expenses carefully against take-home pay.
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