Holiday Hills, IL Economy


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Holiday Hills, IL is a great place to live and work for many reasons. The two-bedroom rent in Holiday Hills is $1,650 compared to the US average of just $1,430. Additionally, the cost of essential groceries in Holiday Hills is lower than average at 96 compared to 100 in the US. The area also offers plenty of amenities and services nearby such as restaurants, shopping centers, parks, banks and medical facilities. Furthermore, there are several local businesses that have been established in this area such as ABC Bakery, DEF Grocery Store & Market and GHI Pharmacy. All these benefits make Holiday Hills a great place to live.

Holiday Hills has an unemployment rate of 5.9%. The US average is 6.0%.

Holiday Hills 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 Holiday Hills
- The Sales Tax Rate for Holiday Hills is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Holiday Hills 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 Holiday Hills
- The average income of a Holiday Hills resident is $26,892 a year. The US average is $28,555 a year.
- The Median household income of a Holiday Hills resident is $73,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoliday Hills, IllinoisUnited States
  5.96
  -9.5%-6.2%
  27.6%33.5%
  7.0%6.2%
  5.0%4.6%
  $33,745$37,638
  $73,333$69,021
  $66,667$85,028
  Population by Occupation
  0.0%1.2%
  0.6%0.5%
  12.9%6.8%
  8.4%10.0%
  1.6%2.5%
  10.9%11.0%
  4.5%4.8%
  0.6%0.8%
  1.0%1.9%
  3.9%4.7%
  3.9%1.9%
  4.8%7.6%
  0.0%0.1%
  13.2%4.2%
  8.7%9.3%
  16.4%14.0%
  0.3%2.1%
  1.6%7.0%
  3.5%4.8%
  3.2%4.7%
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