Chicago, IL — income, home value, property tax, and sales tax.
In Chicago's 60645 ZIP code, homes carry a median value of $328,200, and the county-level property tax rate of 1.91% works out to roughly $6,270 a year for a house at that price. With median household income at $76,045, that tax bill equals about 8% of annual earnings before any exemptions. Per-capita income sits at $38,725. Sales tax in the area reaches 10.25%, adding cost to everyday purchases. Together, the property levy and steep sales tax draw a meaningful share of local earnings, shaping how far a paycheck stretches alongside a mortgage.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.