Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60409, near Chicago, homes carry a median value of $145,200, and the county-level property tax rate of 1.91% works out to roughly $2,773 a year in taxes on such a home. With median household income at $55,369, that bill equals about 5% of annual earnings, a meaningful slice of pay. Per-capita income sits at $28,113. Shoppers also pay a 9.00% combined sales tax. Home prices here stay within reach of middle-income buyers, yet the tax rate adds a steady cost that shapes what households can truly set aside.
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