Chicago, IL — income, home value, property tax, and sales tax.
In ZIP code 60714, near Chicago, households bring in a median of $75,800 a year, with per-capita income at $40,446. Homes here carry a median value of $358,900, and the county-level property tax rate of 1.91% translates into a meaningful annual bill for owners. Add a combined sales tax of 9.00%, and everyday purchases take a noticeable bite. Together these costs shape how far each paycheck stretches, since housing and spending taxes claim a sizable share of earnings before other essentials.
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