Burbank, IL is a suburb located in Cook County in the state of Illinois. Well connected by highways and public transport, Burbank offers easy access to other parts of the state. The 2 bedroom rent in Burbank is comparatively lower than the US average of $1,430 per month. Groceries here are also cheaper with a grocery cost index of 96 versus 100 in the US. Local companies such as Bard Manufacturing Company Inc., S.M Kissel & Sons Co., Inc., Gee-Gee Foods, and LA Logistics LLC are popular employers in Burbank and have been offering job opportunities to locals for many years now. With lower rents and groceries, Burbank has an overall cost of living that is more affordable compared to other cities in the United States.
Burbank has an unemployment rate of 9.2%. The US average is 6.0%.
Burbank 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 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Burbank
- The Sales Tax Rate for Burbank is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Burbank 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 Burbank
- The average income of a Burbank resident is $21,500 a year. The US average is $28,555 a year.
- The Median household income of a Burbank resident is $73,466 a year. The US average is $69,021 a year.