Villa Park, IL Economy


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Villa Park, IL is a pleasant suburb with many amenities to offer. The two bedroom rent in Villa Park is slightly higher than the national average at $1,570 compared to $1,430. Additionally, the Grocery Cost Index in Villa Park is 97 versus 100 in the US. Although it may be slightly more expensive to live here, there are plenty of local businesses to take advantage of. Some notable companies include Home Depot, McDonalds and Trader Joe’s. With so much to offer it's no surprise that people are drawn to living in Villa Park!

Villa Park has an unemployment rate of 5.4%. The US average is 6.0%.

Villa 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 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Villa Park
- The Sales Tax Rate for Villa Park is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Villa 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 Villa Park
- The average income of a Villa Park resident is $28,970 a year. The US average is $28,555 a year.
- The Median household income of a Villa Park resident is $85,173 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVilla Park, IllinoisUnited States
  5.46
  -9.5%-6.2%
  27.6%33.5%
  8.0%6.2%
  5.0%4.6%
  $38,268$37,638
  $85,173$69,021
  $99,924$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.9%6.8%
  12.0%10.0%
  3.9%2.5%
  10.7%11.0%
  6.5%4.8%
  0.2%0.8%
  0.8%1.9%
  4.0%4.7%
  1.1%1.9%
  7.9%7.6%
  0.6%0.1%
  4.6%4.2%
  9.5%9.3%
  11.0%14.0%
  2.2%2.1%
  10.0%7.0%
  5.0%4.8%
  1.9%4.7%
Reviews for Villa Park
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Villa Park is a great location in proximity to O’Hare international Airport to the North, the city proper of Chicago to the East, The area of Palos of great hiking and  More

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Over 15 years ago

I have one child that has been in school here K-5 and she has had excellant teachers. Another child is in her first year of grade 8. For that I can say the education is  More

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