Chicago is a vibrant city with plenty of activities to experience. The popular area of 60651 is no exception. Located in the downtown area, it has become popular among young professionals looking for great employment opportunities, cultural attractions, and vibrant nightlife.
In terms of affordability, you can find 2-bedroom apartment rentals in 60651 for an average price of $1,280, which is slightly lower than the US’s $1,430 average. Grocery cost index in this area also lower at 95 versus 100 nationally.
60651 offers a wide range of local companies as well as global organizations such as Microsoft, Accenture, Allstate Insurance Company, Boeing and United Airlines. With such impressive employers and reasonable living costs, it's no wonder that many people are flocking to this part of Chicago for both work and pleasure.
Chicago (zip 60651) has an unemployment rate of 9.0%. The US average is 6.0%.
Chicago (zip 60651) 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 60651)
- The Sales Tax Rate for Chicago (zip 60651) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago (zip 60651) 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 60651)
- The average income of a Chicago (zip 60651) resident is $21,494 a year. The US average is $37,638 a year.
- The Median household income of a Chicago (zip 60651) resident is $44,549 a year. The US average is $69,021 a year.