ZIP Code 60142

In ZIP code 60142, near Elgin, households bring in a median of $89,735 a year, with per-capita income at $50,938. A median home value of $339,900 paired with a 2.36% county property tax rate means annual property taxes land around $8,000, a real line item against that income. Add a 7.00% combined sales tax on purchases, and everyday spending carries its own cost. The earnings here support homeownership, though taxes claim a meaningful share of the annual budget and shape how far each paycheck stretches.