Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60077, just outside Chicago, homes carry a median value of $355,900, and the county-level property tax rate of 1.91% works out to roughly $6,800 in annual taxes on such a home. With median household income at $78,523, that tax bill equals about 8.7% of a typical household's yearly earnings — a meaningful slice of the budget. Per-capita income sits at $40,871. Shoppers here also pay a combined 10.25% sales tax. Together, these figures show how housing costs and taxes shape what households can set aside.
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