60614 Chicago, IL is a great place to live if you're looking for an affordable yet vibrant city. The average two bedroom rent in 60416 is $2,210 per month, much lower than the national average of $1,430 making it an attractive option for those looking to save on rent. On top of that, the area has a Grocery Cost Index of 103 compared to the national average of 100 indicating you can get more groceries for your money here than elsewhere in the country. Local companies you might want to check out include Marianos Fresh Market, Treasure Island Foods and Pete's Fresh Market for all your grocery needs. With such affordable prices and plenty of local businesses to choose from 60416 is sure to make a great home!
Chicago (zip 60614) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60614) 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 60614)
- The Sales Tax Rate for Chicago (zip 60614) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60614) 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 60614)
- The average income of a Chicago (zip 60614) resident is $97,909 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60614) resident is $123,610 a year. The US average is $69,021 a year.