Homer Glen, IL Economy


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Homer Glen, IL is a great place to live with plenty to offer residents. It has several local businesses, including Homer Glen Bar & Grill, Country Inn & Suites by Radisson, and AutoZone. The cost of living is slightly higher in this area compared to the US, as 2 bedroom rent averages around $1,980 while the nationwide average is $1,430. Similarly, grocery cost index in Homer Glen is 100 compared to the national average of 100. Despite this, there are plenty of benefits to living in Homer Glen which make it a desirable location for many people.

Homer Glen has an unemployment rate of 5.3%. The US average is 6.0%.

Homer Glen 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 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Homer Glen
- The Sales Tax Rate for Homer Glen is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Homer Glen 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 Homer Glen
- The average income of a Homer Glen resident is $36,016 a year. The US average is $28,555 a year.
- The Median household income of a Homer Glen resident is $120,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHomer Glen, IllinoisUnited States
  5.36
  -9.5%-6.2%
  29.1%33.5%
  7.0%6.2%
  5.0%4.6%
  $45,912$37,638
  $120,306$69,021
  $133,202$85,028
  Population by Occupation
  0.4%1.2%
  0.1%0.5%
  8.3%6.8%
  8.1%10.0%
  3.1%2.5%
  11.0%11.0%
  6.6%4.8%
  0.9%0.8%
  1.8%1.9%
  8.3%4.7%
  3.1%1.9%
  7.2%7.6%
  0.3%0.1%
  2.5%4.2%
  9.7%9.3%
  13.6%14.0%
  1.1%2.1%
  5.5%7.0%
  4.8%4.8%
  3.6%4.7%
Reviews for Homer Glen
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Over 10 years ago

The taxes are steadily climbing out of reach and the new laws that the board keeps implementing are getting out of hand.   More

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