Deerfield, IL is a great place to live with many benefits. It has a cost of living index that is lower than the US average at 104. This combined with 2 bedroom rents being just $2,110 makes it an attractive option for those looking for affordable housing. The local economy is strong with various big companies such as Walgreens Boots Alliance and Baxter International Inc located nearby. With easy access to public transportation, vast parks and recreational areas, as well as excellent schools, Deerfield is a great choice for families and individuals alike.
Deerfield has an unemployment rate of 6.4%. The US average is 6.0%.
Deerfield has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Deerfield
- The Sales Tax Rate for Deerfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Deerfield 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 Deerfield
- The average income of a Deerfield resident is $63,190 a year. The US average is $28,555 a year.
- The Median household income of a Deerfield resident is $168,568 a year. The US average is $69,021 a year.