Chicago Salary Data 2026
| Metric | Chicago, IL |
|---|---|
| Minimum Wage | $16.20/hour (~$33,696/year) |
| Median Household Income | $63,327/year |
| State Income Tax | 4.95% |
| Median Home Value | $337,000 |
Estimated Take-Home Pay in Chicago
| Salary | Est. Federal Tax | State Tax | FICA | Est. Take-Home |
|---|---|---|---|---|
| $50,000 | ~$5,914 | ~$1,485 | ~$3,825 | ~$38,776/yr |
| $70,000 | ~$10,314 | ~$2,079 | ~$5,355 | ~$52,252/yr |
| $90,000 | ~$14,714 | ~$2,673 | ~$6,885 | ~$65,728/yr |
| $120,000 | ~$21,648 | ~$3,564 | ~$9,180 | ~$85,608/yr |
| $150,000 | ~$28,848 | ~$4,455 | ~$11,475 | ~$105,222/yr |
Calculate Your Exact Chicago Take-Home Pay
Use the Free Calculator →FAQ
What is the minimum wage in Chicago?
Chicago's minimum wage is $16.20 per hour as of 2026 (~$33,696/year full-time).
Is $63,327 a good salary in Chicago?
The median household income in Chicago is $63,327. With a median home price of $337,000, housing affordability varies significantly by neighborhood.