Chicago, IL — income, home value, property tax, and sales tax.
In Chicago's 60622 ZIP code, households earn a median of $136,277, with per-capita income at $93,611. That earnings base shapes how far a budget stretches here. A median home value of $638,100 carries a county property tax rate of 1.91%, and sales tax reaches 10.25% on purchases. Together these rates pull money in two directions — one tied to owning property, the other to everyday spending. Higher earnings help absorb both, though the sales tax applies broadly across goods and services, so it touches daily costs regardless of housing status.
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