Zip 60629 (Chicago, IL) Economy


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60629 is a neighborhood located on the northwest side of Chicago, Illinois. It's an up-and-coming area that offers numerous opportunities for entertainment, dining, and shopping. The average 2 bedroom rent in this area is $1,120 which is notably lower than the US average of $1,430. The grocery cost index for 6096 is also lower than the national average at 96 versus 100.
This vibrant community has plenty of amenities to offer its residents including multiple local stores like Jewel-Osco Supermarket and Walmart. Additionally, there are several restaurants serving a variety of cuisines like Aldi's Italian Kitchen & Pizzeria and El Potro Mexican Restaurant. With its lower costs as compared to the US average along with all the conveniences it provides, 6096 makes an appealing option for those looking for an affordable neighborhood with lots to do.

Chicago (zip 60629) has an unemployment rate of 9.0%. The US average is 6.0%.

Chicago (zip 60629) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Chicago (zip 60629)
- The Sales Tax Rate for Chicago (zip 60629) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60629) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chicago (zip 60629)
- The average income of a Chicago (zip 60629) resident is $14,295 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60629) resident is $46,217 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChicago, IllinoisUnited States
  96
  -9.4%-6.2%
  25.7%33.5%
  10.3%6.2%
  5.0%4.6%
  $20,803$37,638
  $46,217$69,021
  $57,242$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  8.2%6.8%
  12.4%10.0%
  2.9%2.5%
  12.2%11.0%
  8.2%4.8%
  0.5%0.8%
  1.0%1.9%
  3.0%4.7%
  1.2%1.9%
  3.3%7.6%
  0.1%0.1%
  7.7%4.2%
  7.3%9.3%
  10.8%14.0%
  1.1%2.1%
  11.8%7.0%
  4.1%4.8%
  4.0%4.7%
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