DeKalb, IL is a great place to live and work. The rent for a two bedroom apartment is quite reasonable when compared to the national average, at $1,150 versus $1,430 respectively. Grocery cost index in DeKalb is also quite low, coming in at 96 versus 100 in the United States. There are many local businesses that make up DeKalb's economy such as Blick Art Materials which produces art supplies and materials, Anderson Erickson Dairy which processes and distributes dairy products, and Northern Illinois University which contributes towards higher education in the area.
DeKalb has an unemployment rate of 7.0%. The US average is 6.0%.
DeKalb has seen the job market increase by 2.2% 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 DeKalb
- The Sales Tax Rate for DeKalb is 8.0%. The US average is 7.3%.
- The Income Tax Rate for DeKalb 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 DeKalb
- The average income of a DeKalb resident is $19,088 a year. The US average is $28,555 a year.
- The Median household income of a DeKalb resident is $45,591 a year. The US average is $69,021 a year.