Elm Grove, Illinois 

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Economy in Elm Grove, Illinois

Elm Grove has an unemployment rate of 4.2%. The US average is 3.7%.

Elm Grove has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Elm Grove
- The Sales Tax Rate for Elm Grove is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Elm Grove 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 Elm Grove
- The average income of a Elm Grove resident is $29,336 a year. The US average is $28,555 a year.
- The Median household income of a Elm Grove resident is $55,625 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYElm Grove, IllinoisUnited States
  4.2%3.7%
  1.4%1.6%
  19.4%33.5%
  6.8%6.2%
  5.0%4.6%
  $33,219$31,177
  $68,150$57,652
  $80,074$70,850
  POPULATION BY OCCUPATION
  5.3%1.3%
  0.2%0.6%
  10.5%6.2%
  19.9%10.4%
  1.5%2.7%
  6.6%11.6%
  2.2%4.1%
  0.4%0.9%
  2.2%2.1%
  6.1%4.7%
Real estate, rental, leasing1.3%1.9%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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