Alsip, IL Economy


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Alsip, IL is a village in Cook County, located about 22 miles from downtown Chicago. This area is known for its great schools and convenient access to public transportation. It's also home to many notable companies such as Kontos Foods Inc., Illinois Tool Works, and Castle & Cooke Mortgage. Alsip has a population of 19,277 according to the 2019 census. Rent for two-bedroom apartments in Alsip is slightly lower than the US average at $1,190 compared to $1,430 nationally. Grocery costs are also lower with an index score of 95 versus 100 for the US overall.

Alsip has an unemployment rate of 8.4%. The US average is 6.0%.

Alsip 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 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Alsip
- The Sales Tax Rate for Alsip is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Alsip 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 Alsip
- The average income of a Alsip resident is $30,699 a year. The US average is $37,638 a year.
- The Median household income of a Alsip resident is $59,123 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlsip, 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 Alsip
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i live in alsip,il. i have lived here 25yrs. one of the best things about alsip is that the housing prices are reasonable compared to other comparable cities that are  More

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Over 19 years ago

I've always preferred the south suburbs compared to ever living in the dirty city of Chicago. Alsip has great apartments and great condos, but most of the residents are  More

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