Morton Grove, IL is a great place to live. It offers affordable rent for two bedroom apartments at $2,140 which is slightly higher than the US average of $1,430. Additionally, Morton Grove has a Grocery Cost Index of 99, compared to the US benchmark of 100. Residents in Morton Grove can find plenty of employment opportunities with local businesses such as Roto-Rooter, Topline Appliance Repair Services, and Illinois Tool Works. There are also many organizations in the area such as the Morton Grove Park District and The Rotary Club of Morton Grove. With its convenient location just outside Chicago and access to excellent employment and recreational opportunities, Morton Grove is an ideal place for families or individuals looking for a great place to live.
Morton Grove has an unemployment rate of 8.4%. The US average is 6.0%.
Morton Grove 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 Morton Grove
- The Sales Tax Rate for Morton Grove is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Morton Grove 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 Morton Grove
- The average income of a Morton Grove resident is $32,676 a year. The US average is $28,555 a year.
- The Median household income of a Morton Grove resident is $91,389 a year. The US average is $69,021 a year.