The Chicago neighborhood of 60631 is an attractive place to live. The two bedroom rent here is only slightly lower than the national average at $1,420 per month making it quite affordable. Its grocery cost index is exactly the same as the national average at 100. This area has plenty of amenities, such as local shopping, restaurants, museums, and parks. Notable companies nearby include Groupon, Motorola Solutions Inc., Byline Bank and Ferrara Candy Company. Educational institutions in the area include University of Illinois-Chicago, Northwestern University Feinberg School of Medicine and DePaul University. Popular attractions near 60631 are Lincoln Park Zoo, Millennium Park and Shedd Aquarium. With its plentiful resources and affordability this area makes for a great place to call home.
Chicago (zip 60631) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60631) 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 60631)
- The Sales Tax Rate for Chicago (zip 60631) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60631) 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 60631)
- The average income of a Chicago (zip 60631) resident is $51,385 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60631) resident is $103,588 a year. The US average is $69,021 a year.