Average Income in Chicago, IL

$100,730
Average AGI
1,041,890
Tax Returns Filed
46
ZIP Codes
$32,111 – $662,009
AGI Range Across ZIPs

About Chicago, Illinois

Chicago's economy reflects its role as the commercial capital of the Midwest — a hub for finance, commodities trading, manufacturing, and transportation logistics. The city is home to the Chicago Mercantile Exchange, dozens of Fortune 500 headquarters, and a robust startup scene. The North Side and downtown Loop corridor tend to concentrate higher incomes, while the South and West Sides include neighborhoods that have struggled with decades of disinvestment. This north-south economic divide is one of the starkest in any major American city and shows clearly in the ZIP-level IRS data. Illinois's flat state income tax and Chicago's high property taxes factor into the household income picture. Despite population loss in recent years, Chicago remains an affordable alternative to coastal metros, attracting young professionals drawn by its cultural offerings and walkable neighborhoods.

All 46 ZIP Codes in Chicago, IL

ZIP Code Avg AGI ▼ Returns National Rank % Under $25K % Over $200K
60606 $662,009 2,680 #61 11.2% 24.3%
60603 $556,993 970 #96 15.5% 34.0%
60604 $489,136 570 #126 21.1% 21.1%
60611 $344,607 20,050 #275 11.3% 26.7%
60602 $310,083 1,120 #349 26.8% 22.3%
60614 $300,277 35,960 #366 11.9% 26.1%
60601 $293,232 9,120 #387 11.6% 22.6%
60654 $223,942 14,490 #692 6.9% 24.4%
60610 $202,179 24,860 #862 13.9% 17.9%
60607 $184,685 16,240 #1,069 13.2% 22.8%
60657 $162,542 40,570 #1,439 12.3% 17.8%
60605 $160,152 15,870 #1,492 12.5% 19.4%
60661 $159,366 6,910 #1,509 7.4% 19.1%
60622 $153,493 28,250 #1,638 16.4% 17.8%
60613 $139,423 29,060 #2,052 16.0% 12.8%
60618 $114,868 43,000 #3,251 21.7% 12.7%
60647 $114,388 42,860 #3,277 19.3% 12.5%
60631 $111,643 15,140 #3,474 19.6% 15.0%
60640 $96,759 34,930 #5,127 21.1% 8.5%
60615 $93,543 17,940 #5,629 29.7% 7.9%
60625 $88,579 35,310 #6,546 25.5% 7.8%
60616 $82,379 23,760 #8,081 30.9% 7.4%
60660 $78,368 20,610 #9,355 24.7% 6.7%
60630 $75,740 26,780 #10,347 26.3% 6.3%
60612 $74,962 13,920 #10,642 33.9% 6.3%
60637 $72,255 18,010 #11,852 41.0% 5.0%
60641 $67,120 32,690 #14,475 28.8% 4.9%
60653 $65,215 12,930 #15,552 37.4% 5.3%
60626 $61,773 22,190 #17,544 29.1% 3.2%
60608 $59,516 29,630 #18,946 30.5% 3.5%
60619 $58,913 26,330 #19,332 38.3% 1.0%
60652 $56,257 20,400 #20,984 28.0% 1.5%
60609 $49,613 23,560 #24,400 36.5% 2.3%
60617 $48,342 32,590 #24,898 35.7% 1.0%
60649 $45,639 16,880 #25,725 42.3% 1.8%
60629 $44,640 48,150 #25,956 33.0% 0.5%
60632 $43,596 36,120 #26,170 32.5% 0.5%
60639 $42,660 37,020 #26,351 33.2% 0.6%
60628 $42,302 27,130 #26,415 40.9% 0.6%
60620 $41,712 28,270 #26,510 40.2% 0.4%
60651 $40,992 25,650 #26,634 38.3% 0.6%
60623 $38,418 29,350 #26,968 38.1% 0.3%
60644 $36,545 17,230 #27,166 44.5% 0.5%
60624 $35,178 13,510 #27,274 47.7% 0.6%
60636 $33,683 13,170 #27,372 48.2% 0.2%
60621 $32,111 10,110 #27,460 52.5% 0.3%

Nearby Major Cities

Closest cities with 50,000+ tax returns filed, sorted by distance from Chicago.

City State Avg AGI Returns ZIPs Distance
Lincolnwood IL $87,261 51,300 3 13 mi
Naperville IL $167,679 79,280 4 24 mi
Aurora IL $60,603 68,870 3 32 mi
Kenosha WI $66,177 53,930 4 53 mi
Racine WI $67,743 62,510 5 63 mi
South Bend IN $64,604 68,420 10 74 mi
Rockford IL $61,024 82,110 8 77 mi
Milwaukee WI $64,423 239,400 20 87 mi
Kalamazoo MI $79,647 64,000 6 113 mi
Madison WI $98,052 126,460 10 123 mi