Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60104, near Chicago, households earn a median of $79,513, while per-capita income sits at $31,431. Homes here carry a median value of $230,000, and the county-level property tax rate of 1.91% means owners pay roughly $4,393 annually on that amount. Add a combined sales tax of 9.00%, and everyday purchases cost more than in many parts of the country. Together, these figures sketch a community where housing prices stay below big-city levels but the tax load on both property and spending shapes what a household keeps each year.
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