Burr Ridge, IL is a village located in Cook and DuPage Counties in Illinois. It is known for its excellent school system, beautiful parks, and convenient access to downtown Chicago. Residents of Burr Ridge can expect to pay higher rent prices than the US average; however, it also has a higher grocery cost index than the national average. Companies based in Burr Ridge include Major Industries Inc., HLT Power Systems, and Lattof & Sons Excavating. Local businesses in Burr Ridge range from entertainment venues to retail outlets. While living costs may be greater than other areas of the country, there are many opportunities for employment with these companies as well as other businesses within the community.
Burr Ridge has an unemployment rate of 5.4%. The US average is 6.0%.
Burr Ridge 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 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Burr Ridge
- The Sales Tax Rate for Burr Ridge is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Burr Ridge 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 Burr Ridge
- The average income of a Burr Ridge resident is $70,886 a year. The US average is $28,555 a year.
- The Median household income of a Burr Ridge resident is $148,214 a year. The US average is $69,021 a year.