Brookfield, IL is a great place to live due its relatively low 2 bedroom rent and grocery cost index compared to the US average. This makes it a great option for individuals or families looking for an affordable living situation. The town also offers several amenities like parks, lakes, and shopping centers that make it a desirable location. Major companies like Sears and Walgreens have been established in Brookfield, IL providing jobs and economic opportunities in the area. Additionally, as part of the Chicago metropolitan area, Brookfield is conveniently located close to major cities offering plenty of entertainment options. With its affordability, job opportunities, and nearby urban amenities, Brookfield is an ideal place to call home.
Brookfield has an unemployment rate of 8.4%. The US average is 6.0%.
Brookfield 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Brookfield
- The Sales Tax Rate for Brookfield is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Brookfield 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 Brookfield
- The average income of a Brookfield resident is $33,584 a year. The US average is $28,555 a year.
- The Median household income of a Brookfield resident is $90,083 a year. The US average is $69,021 a year.