Chicago, Illinois 

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Economy in Chicago, Illinois

Chicago has an unemployment rate of 4.4%. The US average is 3.9%.

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
  4.4%3.9%
  -0.2%1.6%
  25.7%33.5%
  10.3%7.3%
  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    256 Reviews
    A Living Hell - 6/5/2019
    I grew up here, and have lived many places in the city & suburbs. I've also lived in other states, so I know what life is like elsewhere. As of 6/2019, this is the... Read More

    Start Your Review of Chicago


    Best City Ever - 4/24/2019
    —... Read More

    My kind of Town - 4/13/2019
    I have lived in this city for 15 years, and I love it. However you have to be a certain type of person to love it here. To be successful here, these are some of the... 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
    $450,000
    4515 N Western Ave
    Bed 3 | Bath 3

    $445,000
    4549 N Springfield Ave
    Bed 4 | Bath 3

    $405,000
    4443 N McVicker Ave
    Bed 5 | Bath 3

    $724,900
    4244 N Ashland Ave
    Bed 5 | Bath 4

    $369,000
    5631 W Eastwood Ave
    Bed 8 | Bath 3

    $80,000
    6806 S Bell Ave
    Bed 3 | Bath 1

    $355,000
    4712 W Belle Plaine Ave
    Bed 4 | Bath 2


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