ZIP Code 60506

In ZIP code 60506, which covers part of Elgin, households earn a median of $79,517, while per-capita income reaches $36,458. A home valued at $253,700 carries county property taxes at an effective rate of 2.26%, an annual bill near $5,700 before any exemptions. Combined with an 8.25% sales tax on purchases, these costs shape how far each paycheck stretches. The gap between median household and per-capita income hints at multi-earner homes or larger families, so housing and everyday spending absorb a meaningful share of earnings, leaving less flexibility for savings or discretionary purchases.