Chicago, IL — income, home value, property tax, and sales tax.
Households in ZIP code 60103, near Chicago, earn a median of $133,793, placing the area well into affluent territory rather than middle-income. Per-capita income reaches $53,523, and median home values sit at $379,000. That housing stock carries a county-level effective property tax rate of 2.05%, a substantial annual cost given the home values involved. Shoppers here also pay a combined 9.00% sales tax. Together these figures describe a prosperous commuter pocket where high earnings support steep housing prices, though the property and sales tax rates take a meaningful bite out of that income.
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