Carol Stream, IL is a small suburban village located just west of Chicago. It has an estimated population of 38,000 people and is known for its charming downtown area and excellent school system. The average two bedroom rent in the area is slightly higher than the nationwide average at $1,600 per month. Although grocery cost index in Carol Stream is slightly lower than the rest of the country at 98 versus 100, there are still plenty of restaurants and local companies around to choose from. Some notable businesses include O'Hare Towing & Auto Body Repair, G-Collection Boutique, and Mill Race Cyclery.
Carol Stream has an unemployment rate of 5.0%. The US average is 6.0%.
Carol Stream has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Carol Stream
- The Sales Tax Rate for Carol Stream is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Carol Stream 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 Carol Stream
- The average income of a Carol Stream resident is $39,693 a year. The US average is $37,638 a year.
- The Median household income of a Carol Stream resident is $95,342 a year. The US average is $69,021 a year.