Zip 60628 (Chicago, IL) Economy


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60628 is a neighborhood in Chicago, IL. It's an area known for its friendly atmosphere and close proximity to downtown attractions. The 2 Bedroom Rent in 60528 is $1,220 which is significantly lower than the average US 2 bedroom rent of $1,430. Additionally, grocery cost index in 6052 is 94 versus the US average of 100. This makes 60528 an ideal place for people looking for affordable living. There are many local companies that call 60528 home such as Starwood Property Trust Inc., UBS Financial Services Inc., and JP Morgan Chase & Co. All three of these organizations have made great contributions to the local economy and have helped develop 60528 into one of Chicago's premier neighborhoods.

Chicago (zip 60628) has an unemployment rate of 9.0%. The US average is 6.0%.

Chicago (zip 60628) 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 60628)
- The Sales Tax Rate for Chicago (zip 60628) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60628) 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 60628)
- The average income of a Chicago (zip 60628) resident is $23,708 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60628) resident is $46,665 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChicago, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
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Reviews for Chicago
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Over 11 years ago

I have lived in my neighborhood for 21 years. It is generally a quiet neighborhood, good for raising a family. There is a limited amount of shopping in the immediate  More

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