Chicago, IL — income, home value, property tax, and sales tax.
In ZIP 60642, on Chicago's near northwest side, households earn a median of $143,175, with per-capita income reaching $96,847. That earnings base supports a median home value of $593,600, and the county-level property tax rate of 1.91% translates into a substantial annual bill on such a home. Day-to-day costs also carry weight: the combined sales tax rate is 10.25%, among the higher rates shoppers encounter. Together these figures shape how far a paycheck stretches here, with housing and purchases both claiming meaningful shares of income.
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