Lemont, IL is a suburban village located in Cook County. The area is known for its unique history, with archaeological evidence linking the region to Native American settlements over 1,000 years ago. Today, Lemont is home to a range of local businesses including Hinsdale Orthopaedics, Lemont Public Library District, and Green Garden Country Club. When it comes to renting in Lemont, IL two bedroom apartments have an average rent of $1,420 which is slightly lower than the national average of $1,430. Furthermore, Grocery Cost Index in Lemont stands at 101 versus 100 in the US. This proves that there are plenty of opportunities for people looking to rent in this area without having to worry about high living costs.
Lemont has an unemployment rate of 8.4%. The US average is 6.0%.
Lemont 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Lemont
- The Sales Tax Rate for Lemont is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Lemont 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 Lemont
- The average income of a Lemont resident is $38,231 a year. The US average is $28,555 a year.
- The Median household income of a Lemont resident is $119,750 a year. The US average is $69,021 a year.