Chicago, IL 60625 is a great place to live with plenty of local businesses to explore. One of the most noteworthy companies in the area is Boeing, which has been operating there since 1917. The two bedroom rent in the area is $1,670 compared to the US average of $1,430 while the grocery cost index in the neighborhood stands at 99 versus 100 in the US. In addition, Chicago has a great public transportation system which makes it easy to get around town without needing to own a car. All these factors make Chicago an ideal place for families and young professionals looking for affordable housing and job opportunities.
Chicago (zip 60625) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60625) 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 60625)
- The Sales Tax Rate for Chicago (zip 60625) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60625) 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 60625)
- The average income of a Chicago (zip 60625) resident is $29,523 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60625) resident is $76,088 a year. The US average is $69,021 a year.