Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60632, on Chicago's Southwest Side, households earn a median of $64,809, while per-capita income sits at $26,228. A median home value of $252,600 would carry an effective county property tax rate of 1.91%, and the combined sales tax rate reaches 10.25%. Together, these figures shape what daily life costs here: housing prices are below many parts of Chicago, but the sales tax takes a noticeable bite out of each purchase, and property taxes add a recurring expense for owners. Renters, who make up a large share of the area, avoid the property tax directly but still face the full sales tax rate.
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