Chicago, IL 60609 has a 2 bedroom rent of $990 which is considerably lower than the nationwide average of $1,430. Additionally, grocery cost index in Chicago is 95 versus the US average of 100. This makes living costs in the city more affordable and a great option for families and small businesses looking to relocate or expand their operations. There are many companies that call 60609 home such as Wintrust Financial Corporation, Griffin Capital Essential Asset REIT II, Miller's Pub Restaurant and Signature Bank. All of these corporations offer something unique to the local economy and provide plenty of job opportunities for residents.
Chicago (zip 60609) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60609) has seen the job market decrease by -9.4% 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 60609)
- The Sales Tax Rate for Chicago (zip 60609) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60609) 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 60609)
- The average income of a Chicago (zip 60609) resident is $23,009 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60609) resident is $43,048 a year. The US average is $69,021 a year.