60617 is a desirable residential area in Chicago, IL. The median two bedroom rent rate for the area stands at $1,030 per month which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in 60617 is 94 as compared to 100 in the US. Living in this area provides residents with access to various local companies and amenities such as Mariano's Fresh Market, Target, Whole Foods Market, Joe's Seafood Prime Steak & Stone Crab restaurant and Centennial Park. All these establishments are easily accessible by nearby public transportation or walking.
Chicago (zip 60617) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60617) 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 60617)
- The Sales Tax Rate for Chicago (zip 60617) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60617) 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 60617)
- The average income of a Chicago (zip 60617) resident is $18,183 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60617) resident is $46,156 a year. The US average is $69,021 a year.