Chicago, IL — income, home value, property tax, and sales tax.
Households in ZIP code 60558, near Chicago, report a median income of $230,255, with per-capita earnings of $104,158. That earning power shapes how housing and taxes fit into a budget here. A median home value of $739,400 carries an effective property tax rate of 1.91% at the county level, a meaningful annual expense given the price of homes. Day-to-day purchases face a combined sales tax of 9.00%. Together these figures show a high-income area where property taxes on valuable homes and a steep sales tax both draw on earnings, even as incomes remain strong.
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