Chicago, IL — income, home value, property tax, and sales tax.
Residents of ZIP code 60163, near Chicago, earn a median household income of $85,823, placing the area in middle-income territory rather than among the affluent. Per-capita income sits at $33,254, and homes carry a median value of $246,900. Property taxes, levied at 1.91% by the county, take a meaningful bite out of ownership costs at that valuation. Add a combined sales tax of 9.00%, and everyday purchases cost noticeably more here. The overall picture is a working-to-middle-income community where wages are solid but the cumulative tax load on property and spending shapes day-to-day finances.
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