Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60070, near Chicago, households earn a median of $84,775, while per-capita income reaches $47,853. A median home value of $343,000 pairs with a 1.91% county property tax rate, which works out to roughly $6,550 a year in taxes on such a home. Sales tax runs 9.00%, a rate shoppers notice on everyday purchases. Together these figures shape what a household here can set aside after housing costs and daily spending, with property taxes claiming a meaningful slice of annual earnings and the sales tax adding a bit more to each transaction.
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