Holiday Shores, IL Economy


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Holiday Shores, IL is an area that offers affordable living for its residents. The average two bedroom rent in the area is $1,010, which is significantly less than the national average of $1,430. Additionally, the grocery cost index in Holiday Shores is 98 compared to 100 nationally. This shows that groceries are even more affordable in this great area. Local businesses include Dollar General and Agri-Business Foods Inc., both offering excellent services to the community. Holiday Shores is a great place for those looking for a combination of affordability and quality services.

Holiday Shores has an unemployment rate of 5.4%. The US average is 6.0%.

Holiday Shores has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Holiday Shores
- The Sales Tax Rate for Holiday Shores is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Holiday Shores 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 Shores
- The average income of a Holiday Shores resident is $35,019 a year. The US average is $28,555 a year.
- The Median household income of a Holiday Shores resident is $113,696 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoliday Shores, IllinoisUnited States
  5.46
  -6.8%-6.2%
  31.5%33.5%
  6.9%6.2%
  5.0%4.6%
  $39,428$37,638
  $113,696$69,021
  $124,274$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  18.7%6.8%
  10.7%10.0%
  0.9%2.5%
  14.2%11.0%
  6.3%4.8%
  2.2%0.8%
  0.0%1.9%
  6.6%4.7%
  1.8%1.9%
  10.3%7.6%
  0.0%0.1%
  0.0%4.2%
  8.8%9.3%
  8.9%14.0%
  0.0%2.1%
  1.3%7.0%
  5.5%4.8%
  1.1%4.7%
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