Northbrook, IL Economy


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Northbrook, IL is a great place to live. Home to several large companies, such as Allstate Insurance and Kraft Heinz, Northbrook has plenty of job opportunities for residents. The average rent for a two bedroom apartment in Northbrook is $1,930 compared to the US national average of $1,430. Additionally, the Grocery Cost Index in Northbrook is 103 versus 100 in the US. This makes grocery shopping more affordable in the area. Whether you are looking for employment opportunities or just a good place to live, Northbrook could be a great option for you.

Northbrook has an unemployment rate of 5.2%. The US average is 6.0%.

Northbrook 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 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Northbrook
- The Sales Tax Rate for Northbrook is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Northbrook 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 Northbrook
- The average income of a Northbrook resident is $58,154 a year. The US average is $28,555 a year.
- The Median household income of a Northbrook resident is $143,506 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthbrook, IllinoisUnited States
  5.26
  -9.4%-6.2%
  27.3%33.5%
  10.3%6.2%
  5.0%4.6%
  $78,195$37,638
  $143,506$69,021
  $188,533$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.2%6.8%
  8.4%10.0%
  4.2%2.5%
  9.1%11.0%
  3.0%4.8%
  0.0%0.8%
  1.7%1.9%
  13.5%4.7%
  1.5%1.9%
  16.9%7.6%
  0.1%0.1%
  3.7%4.2%
  10.3%9.3%
  13.7%14.0%
  3.6%2.1%
  2.6%7.0%
  4.2%4.8%
  1.3%4.7%
Reviews for Northbrook
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Northbrook is a great place if: 1.) You're Jewish 2.) You're Russian 3.) You're raising a family Other than that, it's a stuck-up, sleepy, basic midwest suburb.   More

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Over 14 years ago

I grew up in Northbrook and while it's a beautiful community with a nice downtown, parks, train, great quality schools, to say that it's down to earth is a bit of a  More

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Over 14 years ago

I grew up in Northbrook and while it's a beautiful community with a nice downtown, parks, train, great quality schools, to say that it's down to earth is a bit of a  More

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