Des Plaines, IL Economy


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Des Plaines, IL is an amazing place to live for those who want to be close to the city of Chicago without dealing with the hustle and bustle of the big metropolis. The 2 bedroom rental costs are quite reasonable and less than the US average at $1,420 per month. Grocery costs are also on the lower end compared to other parts of the country, as evidenced by its Grocery Cost Index score of 97 versus 100 in the US.
The city is home to many great companies and services such as Des Plaines Office Equipment Company, Van's Auto Repair, H&R Block Tax Services and several local banks such as MB Financial Bank. For those looking for recreational activities there are a variety of golf courses, parks, swimming pools, ice rinks and sports centers in town. There are also a number of excellent restaurants that serve everything from Italian food to Mexican cuisine.

Des Plaines has an unemployment rate of 7.0%. The US average is 6.0%.

Des Plaines 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 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Des Plaines
- The Sales Tax Rate for Des Plaines is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Des Plaines 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 Des Plaines
- The average income of a Des Plaines resident is $31,299 a year. The US average is $28,555 a year.
- The Median household income of a Des Plaines resident is $79,453 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDes Plaines, IllinoisUnited States
  76
  -9.4%-6.2%
  26.2%33.5%
  10.0%6.2%
  5.0%4.6%
  $38,455$37,638
  $79,453$69,021
  $98,465$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  6.4%6.8%
  12.3%10.0%
  2.7%2.5%
  11.9%11.0%
  7.0%4.8%
  0.8%0.8%
  1.7%1.9%
  5.6%4.7%
  1.6%1.9%
  8.2%7.6%
  0.2%0.1%
  4.5%4.2%
  7.2%9.3%
  15.3%14.0%
  1.8%2.1%
  5.6%7.0%
  5.0%4.8%
  2.1%4.7%
Reviews for Des Plaines
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Over 14 years ago

low  More

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Over 15 years ago

The historic center of des plaines is also downtown. Fairly easy commute to Chicago. The metra is right there. Also there is the Des Plaines public library with a great  More

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Over 17 years ago

Changing of the seasons is good. But it's too cold for too  More

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