Niles, IL is a great place to live with plenty of amenities and attractions. It is conveniently located near Chicago and its residents enjoy quick access to many city resources. There are also plenty of local businesses in the area, including retail stores, restaurants, cafes, and more. The two bedroom rent for this area is slightly lower than the US average at $1,360 compared to $1,430. Additionally, the grocery cost index in Niles is 98 versus 100 in the US. Despite the lower prices on rent and groceries here than elsewhere in the country, Niles offers a range of options for entertainment and recreation such as the Leaning Tower YMCA offering fitness classes and sports leagues as well as a variety of parks perfect for outdoor activities.
Niles has an unemployment rate of 6.2%. The US average is 6.0%.
Niles has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Niles
- The Sales Tax Rate for Niles is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Niles 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 Niles
- The average income of a Niles resident is $35,908 a year. The US average is $37,638 a year.
- The Median household income of a Niles resident is $69,081 a year. The US average is $69,021 a year.