60642 Chicago, IL is an incredible place to live with plenty of activities, amenities, and local companies. The two bedroom rent in 60642 is $2,200 per month, which is slightly higher than the US average of $1,430. Grocery costs are also slightly higher at a Grocery Cost Index of 103 versus 100 for the US. There are many great local companies that call 60642 home such as Community Tax and Payroll HR Solutions. Local events in 60642 range from wine tastings at Vintage Wine Cellars to yoga classes at the Yoga Room & Wellness Center. With so much to do in this neighborhood you will never have a dull moment!
Chicago (zip 60642) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60642) 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 60642)
- The Sales Tax Rate for Chicago (zip 60642) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60642) 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 60642)
- The average income of a Chicago (zip 60642) resident is $77,312 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60642) resident is $131,201 a year. The US average is $69,021 a year.