Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60473, near Chicago, homes carry a median value of $216,500, and the county-level effective property tax rate of 1.91% works out to roughly $4,135 a year in property taxes on such a home. With median household income at $85,659 and per-capita income of $34,195, that tax bill absorbs a meaningful share of earnings, though it stays below what many neighboring communities see. Buyers should also factor in the 9.00% combined sales tax rate, which raises the cost of everyday purchases across the area.
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