ZIP Code 60609

In Chicago's 60609 ZIP code, homes carry a median value of $268,300, and the county-level effective property tax rate of 1.91% translates into roughly $5,125 a year in taxes on such a home. With median household income at $58,896, that bill equals about 8.7% of a typical household's annual earnings — a real strain for many owners. Per-capita income sits at $28,698. Adding a combined sales tax of 10.25% on purchases, the overall cost of living here weighs heavily against what residents earn, making both buying and staying in a home a genuine financial challenge.