Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60193, near Chicago, homes carry a median value of $329,900 while the county-level effective property tax rate sits at 1.91%, a combination that shapes what ownership actually costs here. Households earn a median of $95,972, and per-capita income reaches $48,949, giving many buyers enough headroom to absorb that tax bill alongside a mortgage. Sales tax in the area runs 10.00%, which trims spending power on everyday purchases. The balance between income and housing costs matters: property taxes on a median-priced home claim a meaningful share of earnings, so buyers should weigh the annual levy carefully before committing.
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