Wheeling, IL is a vibrant community located in the northern suburbs of Chicago. It has a variety of housing options, with an average two bedroom rent at $1,620 which is slightly higher than the US average of $1,430. The cost of living in Wheeling is also slightly higher than the national average as indicated by a grocery cost index of 96 compared to 100.
The village offers plenty of local companies and services including the Wheeling Park District which operates many recreational activities, shopping centers like Town Center Mall and businesses such as Reliable Tool & Die Co. and R.E.S.T., Inc., a fire protection company. Additionally, there are close accesses to major highways for commuters into Chicago or other parts of Illinois for work or leisure purposes.
Wheeling has an unemployment rate of 6.0%. The US average is 6.0%.
Wheeling 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 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Wheeling
- The Sales Tax Rate for Wheeling is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Wheeling 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 Wheeling
- The average income of a Wheeling resident is $28,235 a year. The US average is $28,555 a year.
- The Median household income of a Wheeling resident is $74,331 a year. The US average is $69,021 a year.