Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60638, on Chicago's southwest side, households earn a median of $91,070, while per-person income sits at $39,284. A median home value of $299,100 paired with a 1.91% county property tax rate means annual property taxes land near $5,700, a real line item against that household income. Sales taxes compound daily costs at 10.25%, so purchases take a bigger bite than in many parts of the country. Together these figures shape how far a paycheck stretches here: housing carries weight, everyday spending carries more, and what remains must cover everything else a household needs.
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