Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60636, on Chicago's South Side, households earn a median of $38,807, or $21,709 per person. A median-valued home here costs $155,300, and the county-level property tax rate of 1.91% works out to roughly $2,966 a year for a home at that price. Sales taxes add up fast: the combined rate of 10.25% applies to most purchases, a meaningful cost given the income level. Together, housing taxes and everyday sales tax take a noticeable share of earnings for area households.
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