Minooka, IL is a small city located near the suburbs of Chicago. With a population of nearly 10,000 people, this city offers its residents affordable housing options with two bedroom rent averaging at $1,810, as compared to the national average of $1,430. Additionally, groceries are relatively inexpensive here compared to other parts of the country since Minooka's grocery cost index is 100 versus an identical 100 in the US. The city is known for its quaint atmosphere and friendly locals. Businesses such as United Community Bank and Northern Illinois Food Bank contribute to the local economy and provide employment opportunities for many in the community. Furthermore, several restaurants like Canyon Grill and Peppino's Pizzeria offer wonderful cuisine that attracts locals and visitors alike. In all, Minooka is a great place to live and work with plenty of amenities available for both residents and visitors.
Minooka has an unemployment rate of 6.6%. The US average is 6.0%.
Minooka has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Minooka
- The Sales Tax Rate for Minooka is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Minooka 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 Minooka
- The average income of a Minooka resident is $30,898 a year. The US average is $28,555 a year.
- The Median household income of a Minooka resident is $105,905 a year. The US average is $69,021 a year.