Mundelein, IL Economy


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Mundelein, IL is a city located in the northern part of Illinois. According to the given information, rent for a two bedroom apartment is $1,690 which is higher than the national average of $1,430. Grocery Cost Index in Mundelein, IL is 97 versus 100 in the US meaning that groceries are cheaper there than in other parts of the country. Mundelein has many well known local companies including CDK Global, Allstate Insurance Company and Medline Industries Inc. This city also has some great schools like Carmel Catholic High School and St. Mary’s Catholic School. The cost of living in Mundelein is slightly higher than the national average but it makes up for it with lower grocery prices and good job opportunities at local companies.

Mundelein has an unemployment rate of 6.9%. The US average is 6.0%.

Mundelein 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 32.6%, which is lower than the US average of 33.5%.

Tax Rates for Mundelein
- The Sales Tax Rate for Mundelein is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mundelein 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 Mundelein
- The average income of a Mundelein resident is $40,663 a year. The US average is $37,638 a year.
- The Median household income of a Mundelein resident is $96,993 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMundelein, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Mundelein
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I've lived in Mundelein for 25 years. We have great friends and neighbors. My kids grew up here and went to excellent schools. There are great biking/running/walking  More

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Here are the pluses - close to route 53, tollway and Libertyville, Vernon Hills and Lincolnshire all of which have a lot to offer. Housing cheaper than some of the  More

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Too much concrete and cars... too expensive... overcrowded healthcare facilities... high-strung, materialistic culture... unforgiving cultural and physical  More

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