60608 Chicago, IL is a great place to live with an affordable two bedroom rent of $1,160 compared to the national average of $1,430. Additionally, grocery cost index in this location is 98 versus 100 in the US. 60608 Chicago is also home to many great companies such as Boeing, United Airlines, and Walgreens who all have their headquarters located here. Other local employers include Kraft Heinz, Groupon, Careerbuilder and CDW Corporation who have offices in the area. This makes it an attractive place for those looking for a job with lots of opportunities for employment.
Chicago (zip 60608) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60608) 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 60608)
- The Sales Tax Rate for Chicago (zip 60608) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60608) 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 60608)
- The average income of a Chicago (zip 60608) resident is $16,801 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60608) resident is $61,490 a year. The US average is $69,021 a year.