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2024 Compare Cities Economy:
Lake Zurich, IL vs Grayslake, IL

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Highlights
- Household income in Grayslake, is 7% less than it is in Lake Zurich and is 37% above the National Average.
- Lake Zurich unemployment rate is 6.4%.
- Grayslake unemployment rate is 6.4%.

Economy
 Lake Zurich, ILGrayslake, ILUnited States
 Unemployment Rate6.4%6.4%6.0%
 Recent Job Growth2.4%2.4%1.6%
 Future Job Growth32.8%32.8%33.5%
 Sales Taxes7.0%7.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$53,169$50,354$37,638
 Household Income$118,139$109,975$69,021
 Family Median Income$132,804$129,890$85,028
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 Est. Households By Income
 Lake Zurich, ILGrayslake, ILUnited States
 Income Less Than 15K3.1%6.0%9.4%
 Income between 15K and 20K0.9%2.2%3.8%
 Income between 20K and 30K3.4%4.7%8.1%
 Income between 30K and 40K2.2%3.3%8.0%
 Income between 40K and 50K4.2%4.1%7.6%
 Income between 50K and 60K7.4%4.2%7.2%
 Income between 60K and 75K6.3%6.5%9.6%
 Income between 75K and 100K12.7%15.1%12.8%
 Income between 100K and 150K22.1%20.7%16.3%
 Income between 150K and 200K15.1%13.6%7.8%
 Income greater than 200K22.6%19.7%9.5%
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 Population By Occupation
 Lake Zurich, ILGrayslake, ILUnited States
 Management, business, finance24.4%22.3%16.4%
 Engineering, computers, science10.2%9.4%6.5%
 Community, social services3.2%2.0%1.8%
 Legal1.4%1.5%1.2%
 Education, library8.2%9.5%6.2%
 Arts, design, media, sports, entertainment1.2%1.9%2.0%
 Healthcare practitioners and technology5.1%7.0%6.2%
 Healthcare support1.7%1.9%3.3%
 Firefighters, law enforcement0.5%1.9%2.1%
 Food preparation, serving3.8%2.7%5.4%
 Building maintenance2.1%1.7%3.6%
 Personal care3.0%1.4%2.6%
 Sales, office, administrative support24.9%26.6%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair5.2%3.5%8.1%
 Production, transportation, material moving5.2%6.7%13.1%

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Reviews for Lake Zurich    6 Reviews

The suburb provides convenient access to the Chicago Metro features, as well as the comfort of a small bedroom  More

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LZ downtown revitalization is at a standstill...with townhomes built and not selling..plus our gateway building may never be built due to disagreements on funding by the  More

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Over 17 years ago

Lake Zurich is in the midst of a retro revitalization. They have moved the major highway out from downtown and are building condos, shops and apartments. This by  More

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Reviews for Grayslake    3 Reviews

Over 10 years ago

Property tax is one of the highest in the nation a $220000 home will cost you $10980 in taxes annually as of 9/2014 This information can be verified on the  More

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Grayslake weather is very difficult to enjoy outdoor activities. In summer, it is SO humid and hot and full of mosquitos that you cannot enjoy a beautiful summer night.  More

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Over 14 years ago

3% of home value annually/ A $300,000 home will cost you 10K in annual property taxes. Where does it all  More

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