Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60202, on Chicago's northern edge, households bring in a median of $98,989 a year, with per-capita income at $60,825. That earnings base supports a median home value of $397,600, and the county-level property tax rate of 1.91% applies to it. Sales tax adds up to 10.25% on purchases made here. Together these rates shape how far a paycheck stretches: housing costs and everyday spending both carry a tax load, so a household earning near the median has to weigh those obligations against everything else in its budget.
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