Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60422, near Chicago, households bring in a median of $134,477 a year, with per-capita income at $70,845. That earnings level shapes what housing and daily spending look like here. Homes carry a median value of $343,600, and the county's 1.91% effective property tax rate means owners pay a meaningful share of that value each year in taxes. Day-to-day purchases carry a 9.00% combined sales tax, which adds to the cost of goods bought locally. Together, these figures sketch a community where incomes are strong enough to support higher home values while absorbing the area's tax rates.
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