Chicago Heights, IL is a great place to live. The cost of living is lower than the US average, with an average two bedroom rent of $1,220 compared to $1,430 per month in the US. Grocery costs are also lower than the national average, at 92 versus 100 on the Grocery Cost Index. This town has several local companies that have been popular for years including K&F Pepsi-Cola bottler and Garden Fresh Salsa. Another great thing about Chicago Heights is its proximity to downtown Chicago - it's only 45 minutes away, so residents can enjoy both city life and a more relaxed suburban lifestyle.
Chicago Heights has an unemployment rate of 15.5%. The US average is 6.0%.
Chicago Heights 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 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Chicago Heights
- The Sales Tax Rate for Chicago Heights is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Chicago Heights 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 Chicago Heights
- The average income of a Chicago Heights resident is $19,213 a year. The US average is $28,555 a year.
- The Median household income of a Chicago Heights resident is $54,870 a year. The US average is $69,021 a year.