Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60445, near Chicago, homes carry a median value of $208,000 while the county-level property tax rate sits at 1.91%. That works out to roughly $3,973 in annual property taxes on a median-priced home — a meaningful sum against a median household income of $70,634. Per-capita income reaches $35,854. Add a combined sales tax of 9.00%, and daily purchases chip away at what's left after housing costs. Buyers weighing a move here should factor both the property tax bill and the sales tax into their monthly math before committing.
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