Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60074, near Chicago, households bring in a median of $84,089 a year, or $41,614 per person. A home priced at the median $315,500 would carry property taxes near 1.91% of value, a real line item each year. Add a combined sales tax of 10.00%, and everyday purchases take a noticeable bite. Together these costs shape how far a paycheck stretches here, with housing and consumption taxes both drawing on the same earnings.
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