Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60162, near Chicago, households earn a median of $72,320, while per-capita income stands at $39,210. That earnings level shapes how far a paycheck stretches: a median home valued at $246,800 carries a county property tax rate of 1.91%, a recurring cost folded into ownership. Day-to-day spending also faces a 9.00% combined sales tax, which adds to the price of goods at checkout. Together these figures sketch a budget where housing and consumption taxes both claim a share, and where income growth matters for keeping pace with those obligations.
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