Kane, IL County is a great place to live. It offers affordable rent compared to the national average. The two bedroom rent averages $1,440, which is $10 cheaper than the US average of $1,430 per month. Additionally, grocery costs are also lower in Kane with a Grocery Cost Index of 98 versus 100 in the US. Living in Kane provides access to many local attractions and businesses. From farmers markets to parks and golf courses, there is something for everyone to enjoy. Notable companies include DuPage Medical Group, Fermi National Accelerator Laboratory and Randall Industries Incorporated.
Kane County has an unemployment rate of 7.1%. The US average is 6.0%.
Kane County has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Kane County
- The Sales Tax Rate for Kane County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Kane County 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 Kane County
- The average income of a Kane County resident is $30,645 a year. The US average is $28,555 a year.
- The Median household income of a Kane County resident is $88,935 a year. The US average is $69,021 a year.