Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60661, on Chicago's near west side, homes carry a median value of $392,900 while the county-level effective property tax rate sits at 1.91%. That combination produces an annual tax bill of roughly $7,500 before any exemptions. Households here earn a median of $125,741, and per-capita income reaches $118,222, so the levy consumes a meaningful but not overwhelming share of earnings. Buyers should also account for a combined sales tax of 10.25%, among the highest in the country, which raises the overall cost of living alongside the property tax load.
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