Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60606, which sits in the heart of Chicago, households earn a median of $128,609, while per-capita income reaches $178,211. That earnings base shapes how housing and taxes fit into a budget: a median home value of $416,400 carries a county property tax rate of 1.91%. Day-to-day purchases face a combined sales tax of 10.25%, a meaningful cost given the dense commercial core. Higher earnings here do stretch further than in many parts of the region, yet the property and sales tax rates still claim a real share of annual spending.
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