Wilmette, IL is a suburban town located north of Chicago. It has an estimated population of 27,087 as of 2018. Rent for a two-bedroom apartment in Wilmette is around $2,060 per month, which is higher than the US average rent for the same type of apartment ($1,430). The cost index for grocery items in the town is also higher than the US average at 106 versus 100.
The town is home to several corporate headquarters such as Honeywell International and Wintrust Financial Corporation. Popular attractions include Gillson Beach on Lake Michigan as well as Wilmette Historic District – a National Register Historic Place including both residential and commercial buildings from the late 19th century.
Wilmette has an unemployment rate of 4.3%. The US average is 6.0%.
Wilmette 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 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Wilmette
- The Sales Tax Rate for Wilmette is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmette 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 Wilmette
- The average income of a Wilmette resident is $67,116 a year. The US average is $28,555 a year.
- The Median household income of a Wilmette resident is $173,967 a year. The US average is $69,021 a year.