Chicago, IL — income, home value, property tax, and sales tax.
In Chicago's 60654, households bring in a median of $147,357, while per-capita income reaches $128,530 — figures that shape how far earnings stretch across housing, goods, and services. A median home value of $500,400 carries a county-level property tax rate of 1.91%, a meaningful line item for owners in this ZIP. Day-to-day spending also feels the weight of a combined 10.25% sales tax, among the higher rates buyers encounter. Together these costs mean a strong income here still gets divided among substantial housing expenses and elevated consumption taxes, leaving less slack than the headline earnings alone might imply.
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