Chicago, Illinois 

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Economy in Chicago, Illinois

Chicago has an unemployment rate of 4.5%. The US average is 3.7%.

Chicago 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
- The Sales Tax Rate for Chicago is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago 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
- The average income of a Chicago resident is $28,623 a year. The US average is $28,555 a year.
- The Median household income of a Chicago resident is $47,831 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYChicago, IllinoisUnited States
  4.5%3.7%
  -0.2%1.6%
  25.7%33.5%
  10.3%6.2%
  5.0%4.6%
  $32,560$31,177
  $52,497$57,652
  $61,618$70,850
  POPULATION BY OCCUPATION
  0.1%1.3%
  0.0%0.6%
  4.0%6.2%
  8.9%10.4%
  2.4%2.7%
  9.2%11.6%
  5.6%4.1%
  0.5%0.9%
  2.3%2.1%
  6.0%4.7%
  2.2%1.9%
  10.3%6.7%
  0.1%0.1%
  5.0%4.3%
  9.6%9.3%
  13.2%13.8%
  2.3%2.2%
  8.9%7.4%
  5.2%4.9%
  4.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Chicago    261 Reviews
    Chicago is a World-Class Alpha City. - 5/25/2020
    Chicago is a world class Alpha city. People from all over the world make it their home and can find everything their own country has right at their fingertips. Politics... Read More

    Start Your Review of Chicago


    Considering a move to Chicago? Read this.... - 5/14/2020
    We moved here from Colorado back in 2013 and want to move out ASAP. This is definitely not the place to live and raise a family. I have five facts that must be... Read More

    Nice Place To Visit But Not To Live - 4/19/2020
    Nice city to visit but you really don't want to live there. I did for many years and it has lots of problem and is a very stressful place to live. First of all, it cost... Read More


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    COMPARE COST OF LIVING
    Compare Chicago, Illinois to any other place in the USA.

    MAPS OF CHICAGO, ILLINOIS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Chicago,Illinois Map
    ZIP CODES IN CHICAGO, ILLINOIS
    60629, 60618, 60632, 60639, 60623, 60647, 60617, 60625, 60608, 60634, ... 56 more

    NEW LISTINGS IN CHICAGO
    $1,440
    233 N Michigan Ave Ste 1406
    Bed 1 | Bath 1

    $875
    5941 N Paulina St
    Bed 0 | Bath 1

    $1,500
    959 W 29th St
    Bed 3 | Bath 1

    $1,675
    2600 N Racine Ave
    Bed 2 | Bath 1

    $1,650
    630 N Franklin St
    Bed 1 | Bath 1

    $1,195
    5100 N Winchester Ave
    Bed 1 | Bath 1

    $1,450
    1339 Damen Ave Apt 2N
    Bed 1 | Bath 1


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