Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60141, near Chicago, households earn a median of $18,717, and per-person income averages $18,642. With the county's effective property tax rate at 1.91%, a home's assessed value matters enormously here: each $100,000 of value carries roughly $1,910 in yearly taxes, a sum that can rival a large share of annual earnings for many local households. Sales taxes add 9.00% to purchases, further tightening budgets. These figures together mean housing costs and the property tax tied to them weigh heavily against the incomes reported in this ZIP.
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