The 60602 area in Chicago, IL is a great place to live. The 2 bedroom rent for the area is $2,180 which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index for the area is 101 versus 100 in the US - making it slightly more expensive to buy groceries here than other places. Popular companies located within 60602 include United Airlines, Urban Outfitters, and McDonalds Corporate Office. There are also many local businesses located in this area such as Little Bad Wolf BBQ, Lush Wine & Spirits, and Roots Chicago Pizza. With so much to offer in terms of amenities and entertainment, 60602 is one of Chicago's most popular areas to live and work.
Chicago (zip 60602) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60602) 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 60602)
- The Sales Tax Rate for Chicago (zip 60602) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60602) 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 60602)
- The average income of a Chicago (zip 60602) resident is $50,376 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60602) resident is $235,666 a year. The US average is $69,021 a year.