Chicago, IL — income, home value, property tax, and sales tax.
In Chicago's 60613 ZIP code, homes carry a median value of $390,800, and the county-level property tax rate of 1.91% translates into roughly $7,464 owed each year on a home at that price. Households here earn a median of $95,572, while per-capita income reaches $77,256, giving many buyers enough headroom to absorb that annual bill without stretching too far. Sales taxes add 10.25% to most purchases. Even so, the property levy alone claims a meaningful share of earnings, making the interplay between home prices and local wages the central question for anyone weighing a move into this part of the city.
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