Lakemoor, IL is a great place to live, work, and play! It has a population of 8,931 people and offers an array of activities for all ages. The average rent for a two-bedroom apartment in Lakemoor is $1,650, which is slightly higher than the national average of $1,430. The Grocery Cost Index in Lakemoor is 96 compared to 100 in the US. This makes it an affordable place to call home.
Lakemoor residents have a range of shopping options such as Walmart Supercenter and Target for their everyday needs. Local attractions include Jonamac Orchard & Apple Farm, Lavender Crest Winery, and Chain O’ Lakes State Park where people can enjoy outdoor activities like hiking and camping. There are plenty of restaurants to choose from such as Amore Pizzeria & Ristorante or Giovanni's Pizza & Italian Eatery. As you can see, there's something for everyone in Lakemoor!
Lakemoor has an unemployment rate of 6.4%. The US average is 6.0%.
Lakemoor has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Lakemoor
- The Sales Tax Rate for Lakemoor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakemoor 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 Lakemoor
- The average income of a Lakemoor resident is $41,168 a year. The US average is $37,638 a year.
- The Median household income of a Lakemoor resident is $90,000 a year. The US average is $69,021 a year.