Evanston, IL Economy


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Evanston, IL is a thriving city located just north of Chicago. It provides residents with an abundance of amenities and attractions that make it an attractive place to live. The cost of renting a two bedroom apartment in the area is around $1,910 per month which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Evanston is 101 versus 100 in the US.
The city offers plenty of employment opportunities and well-known local businesses such as Northwestern University, Whole Foods Market and Apple Store are some popular places people go for jobs. There’s also entertainment options like movie theaters, trendy restaurants and shopping centers that make living in Evanston a great experience. The city also has plenty of parks and trails for outdoor activities that allow those who live there to enjoy nature while still having access to all the modern conveniences of a major city.

Evanston has an unemployment rate of 5.8%. The US average is 6.0%.

Evanston 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 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Evanston
- The Sales Tax Rate for Evanston is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Evanston 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 Evanston
- The average income of a Evanston resident is $41,340 a year. The US average is $28,555 a year.
- The Median household income of a Evanston resident is $87,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEvanston, IllinoisUnited States
  5.86
  -9.4%-6.2%
  26.6%33.5%
  10.0%6.2%
  5.0%4.6%
  $57,626$37,638
  $87,345$69,021
  $139,124$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  2.3%6.8%
  5.7%10.0%
  2.1%2.5%
  7.8%11.0%
  2.6%4.8%
  0.0%0.8%
  2.1%1.9%
  4.5%4.7%
  1.7%1.9%
  15.5%7.6%
  0.2%0.1%
  2.9%4.2%
  21.3%9.3%
  15.2%14.0%
  2.8%2.1%
  4.7%7.0%
  6.1%4.8%
  2.3%4.7%
Reviews for Evanston
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Over 5 years ago

be sure to take pictures of where you park... Full-scale parking scam going on in this town. They purposely obscure self-pay parking signs. Nine out of 10 visitors  More

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I've lived here for two years for school. Terrible place for students. Northwestern is a great school/campus, but the city itself is NOT student friendly. Everything  More

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Aside from everything else mentioned on this site about the bad aspects of Evanston - bot be overlooked is the NOISE. The People's Republic of Evanston CATERS to the  More

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