Crest Hill, IL Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Crest Hill, IL is a vibrant community located just outside Chicago with plenty of local amenities. The two bedroom rent in the area is slightly lower than the US average at $1,400 versus $1,430. Other costs such as groceries are also relatively low with an index of 96 compared to the US average of 100. The city has a variety of businesses that make daily life easier for residents. Some notable companies include Crest Hill Auto Body repair, a full-service auto shop that handles tune-ups and repairs, and Crest Hill Wine and Spirits, a family-owned liquor store offering a wide selection of beverages. These local stores provide essential services that many people in the area rely on for their everyday needs.

Crest Hill has an unemployment rate of 7.1%. The US average is 6.0%.

Crest Hill 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 27.9%, which is lower than the US average of 33.5%.

Tax Rates for Crest Hill
- The Sales Tax Rate for Crest Hill is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Crest Hill 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 Crest Hill
- The average income of a Crest Hill resident is $22,179 a year. The US average is $28,555 a year.
- The Median household income of a Crest Hill resident is $63,172 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrest Hill, IllinoisUnited States
  7.16
  -9.5%-6.2%
  27.9%33.5%
  8.0%6.2%
  5.0%4.6%
  $28,447$37,638
  $63,172$69,021
  $69,932$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.1%6.8%
  9.4%10.0%
  2.4%2.5%
  11.8%11.0%
  15.0%4.8%
  1.2%0.8%
  1.4%1.9%
  4.7%4.7%
  2.0%1.9%
  4.6%7.6%
  0.0%0.1%
  3.1%4.2%
  7.0%9.3%
  12.6%14.0%
  1.9%2.1%
  8.8%7.0%
  4.5%4.8%
  4.3%4.7%
Health
Compare Crest Hill, IL
cost of living
Compare food, housing, utilities, and more in Crest Hill, Illinois to any other city in the US.