60607 is a zip code in Chicago, Illinois. It is home to numerous local businesses, including Windy City Pizza, Lavergne’s Tavern, and Jackalope Coffee & Tea Co. 2 Bedroom Rent in 60607 Chicago is $2,140 whereas the US 2 Bedroom Rent is $1,430. Furthermore, the Grocery Cost Index in 60607 Chicago is 101 versus 100 in the US. Along with these businesses, there are also many other smaller companies that make up the culture of this area. These companies help to make the neighborhood unique and provide services for residents and visitors alike.
Chicago (zip 60607) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60607) 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 60607)
- The Sales Tax Rate for Chicago (zip 60607) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60607) 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 60607)
- The average income of a Chicago (zip 60607) resident is $50,573 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60607) resident is $109,634 a year. The US average is $69,021 a year.