North Aurora, IL is a vibrant city located near the Fox River with quick access to major highways. It has a cost of living index slightly lower than the U.S. average, making it an attractive city for those looking to save money on rent and groceries compared to the national average. The two-bedroom rental rate in North Aurora is $1,520, while the national average rate is $1,430. Similarly, grocery cost index in North Aurora is 97 versus 100 in the US overall. Many local businesses from various industries can be found throughout North Aurora including Doctor Fresh Inc., NAPA Auto Parts Supply Store, Wolf Automotive Group LLC, Power Tool Plus & Fastener Company and more. With its convenient location and competitive living costs, North Aurora continues to attract people searching for a great place to live and work.
North Aurora has an unemployment rate of 7.1%. The US average is 6.0%.
North Aurora 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 North Aurora
- The Sales Tax Rate for North Aurora is 7.5%. The US average is 7.3%.
- The Income Tax Rate for North Aurora 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 North Aurora
- The average income of a North Aurora resident is $35,652 a year. The US average is $28,555 a year.
- The Median household income of a North Aurora resident is $88,727 a year. The US average is $69,021 a year.