Dolton, IL is a small village south of Chicago located along the Calumet River. It is home to many local businesses such as Dolton Marketplace, Dolton Village Hall, and The Chapel of Our Lady of Sorrows. The cost of living in Dolton is cheaper than the national average, which is evident when comparing rent costs. The average 2-bedroom rent in Dolton is $1,560 versus $1,430 in the US. In addition to lower rent costs, Grocery Cost Index in Dolton is 93 versus 100 in the US. All these factors make it an attractive place for those looking for a more affordable living environment while still being close to Chicago's attractions and amenities.
Dolton has an unemployment rate of 15.5%. The US average is 6.0%.
Dolton 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 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Dolton
- The Sales Tax Rate for Dolton is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Dolton 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 Dolton
- The average income of a Dolton resident is $20,124 a year. The US average is $28,555 a year.
- The Median household income of a Dolton resident is $53,047 a year. The US average is $69,021 a year.