Chicago, IL variant. This is a Chicago, IL-specific version of the Paycheck Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Paycheck Calculator.
Chicago paychecks are shaped by IL state tax plus no separate city income tax. With a $71,673 median income and a cost-of-living index of 107 (US avg = 100), take-home pay tells only part of the affordability story.
Taxes on a Chicago paycheck
Chicago has no separate city income tax, so withholding is federal + IL state + FICA. Your local cost of living (index 107) matters more than local taxes here.
Enter your gross pay and pre-tax deductions in the calculator above to localize your Chicago take-home figure.
About Chicago, IL
Chicago does not levy a city income tax, so residents pay Illinois state income tax but no separate municipal wage tax.
Chicago offers relatively affordable home prices for a major US city, though Illinois carries some of the highest property tax rates in the nation.
Chicago's diverse economy spans finance, manufacturing, transportation, and professional services as the largest hub in the Midwest.
Worked example: $71,673 in Chicago
FICA on $71,673 is $5,483. No city income tax applies in Chicago. Federal and IL state tax apply on top.
Quick reference
- Median home value: $320,000
- Median rent: $2,150/mo
- Median household income: $71,673
- Local sales tax: 10.25%
- Effective property tax rate: 2.1%
- Cost of living index: 107 (US avg = 100)
Frequently Asked Questions
Does Chicago have a city income tax?
No, Chicago has no separate city income tax beyond IL state tax.
What is the median income in Chicago?
About $71,673 per household.