Bolingbrook, Illinois is a vibrant community located in Will County about 30 miles southwest of Chicago. It has a population of about 75,000 people and is home to many well-known companies such as Clarius Partners, Mauser Packaging Solutions, and Wirtz Beverage Group. The cost of living in Bolingbrook is slightly higher than the national average due to its proximity to Chicago. The average 2 bedroom rent is $1,790 which is higher than the US average at $1,430. Additionally, the Grocery Cost Index in Bolingbrook is 97 compared to 100 for the US as a whole.
Bolingbrook has an unemployment rate of 6.5%. The US average is 6.0%.
Bolingbrook has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Bolingbrook
- The Sales Tax Rate for Bolingbrook is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Bolingbrook 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 Bolingbrook
- The average income of a Bolingbrook resident is $28,049 a year. The US average is $28,555 a year.
- The Median household income of a Bolingbrook resident is $97,371 a year. The US average is $69,021 a year.