Zip 60644 (Chicago, IL) Economy


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60644 Chicago, IL is a great place to live for those who wish to save on rent and other costs associated with life. The 2 Bedroom Rent in this area is $1,250 compared to the US average of $1,430, making it an attractive option for those on a budget. Additionally, the Grocery Cost Index in 60644 Chicago, IL is 96 versus 100 in the US - another bonus for cost-conscious residents.
The area offers plenty of local amenities including popular restaurants like Nini's Deli & Cafe and La Fonda Mexican Restaurant as well as grocery stores such as Jewel-Osco and Aldi. It also has plenty of national chains like Target, McDonalds and Starbucks. In addition to these well-known establishments there are countless other businesses available for residents' shopping needs ranging from clothing boutiques to pharmacy shops.

Chicago (zip 60644) has an unemployment rate of 9.0%. The US average is 6.0%.

Chicago (zip 60644) 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 60644)
- The Sales Tax Rate for Chicago (zip 60644) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60644) 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 60644)
- The average income of a Chicago (zip 60644) resident is $13,400 a year. The US average is $28,555 a year.
- The Median household income of a Chicago (zip 60644) resident is $31,816 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChicago, IllinoisUnited States
  96
  -9.4%-6.2%
  25.7%33.5%
  10.3%6.2%
  5.0%4.6%
  $18,426$37,638
  $31,816$69,021
  $39,125$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.7%6.8%
  7.7%10.0%
  1.3%2.5%
  8.8%11.0%
  12.1%4.8%
  0.2%0.8%
  2.0%1.9%
  3.2%4.7%
  1.6%1.9%
  5.5%7.6%
  0.2%0.1%
  6.2%4.2%
  5.4%9.3%
  21.1%14.0%
  2.1%2.1%
  7.7%7.0%
  6.1%4.8%
  5.8%4.7%
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