Calumet Park, IL is a great place to live for those looking for an affordable place to call home. The two bedroom rent in Calumet Park is $1,160 compared to the US average of $1,430 making it more affordable. Grocery cost index is also lower with 92 versus 100 in the US. \nThe area surrounding Calumet Park is filled with great local businesses such as Taqueria Los Amigos Express, M & M Foods, and Joe's Pizza which all provide quality services and products. There are also many shops and restaurants that cater to a variety of tastes. In addition, there are many parks nearby and other recreational activities for families to enjoy. Calumet Park provides a great balance of affordability and quality of life making it an ideal place to call home.
Calumet Park has an unemployment rate of 8.4%. The US average is 6.0%.
Calumet Park 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 Calumet Park
- The Sales Tax Rate for Calumet Park is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Calumet Park 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 Calumet Park
- The average income of a Calumet Park resident is $22,498 a year. The US average is $28,555 a year.
- The Median household income of a Calumet Park resident is $52,696 a year. The US average is $69,021 a year.