60612 Chicago, IL is a vibrant community with a population of approximately 40,220 people according to the 2017 US Census. The median two-bedroom rent in this part of Chicago is $1,580 per month. This is slightly higher than the national average of $1,430 for a 2 bedroom rental. Grocery Cost Index in 60512 is 98 versus 100 nationally. A handful of local businesses including Whole Foods Market, Walgreens Pharmacy and PNC Bank regularly serve residents in 60512. Additionally, some popular restaurants such as Trattoria Italiana, Roseangela's Ristorante Italiano and Riccardo Trattoria provide delicious dining options for locals and visitors alike.
Chicago (zip 60612) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60612) 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 60612)
- The Sales Tax Rate for Chicago (zip 60612) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60612) 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 60612)
- The average income of a Chicago (zip 60612) resident is $37,182 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60612) resident is $52,126 a year. The US average is $69,021 a year.