Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60164, near Chicago, households earn a median of $81,263, while per-capita income sits at $31,357. A median home value of $258,300 pairs with a county-level effective property tax rate of 1.91%, so annual property taxes on such a home would run near $4,934. Sales taxes add another layer, combining to 9.00% on purchases. Together these figures sketch the financial terrain: solid middle-income earnings, homeownership costs shaped by Illinois property taxes, and a sales tax rate that takes a noticeable bite out of everyday spending.
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