Huntley, IL Economy


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Huntley, IL is an excellent place to live with a lower cost of living than the US average. Rent prices for two bedroom apartments are $1,810, which is much lower than the US average of $1,430. The Grocery Cost Index in Huntley is also favorable at 98 compared to 100 in the US. The thriving community has several large companies located nearby such as Algonquin Bank & Trust Company, Oracle Corporation and Siemens Corporation. There are also many job opportunities available in a variety of industries such as healthcare, manufacturing and retail. In Huntley you can find something for everyone!

Huntley has an unemployment rate of 5.0%. The US average is 6.0%.

Huntley has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.

Tax Rates for Huntley
- The Sales Tax Rate for Huntley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Huntley 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 Huntley
- The average income of a Huntley resident is $37,738 a year. The US average is $28,555 a year.
- The Median household income of a Huntley resident is $76,612 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHuntley, IllinoisUnited States
  56
  -9.4%-6.2%
  36.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $41,008$37,638
  $76,612$69,021
  $98,489$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.6%6.8%
  10.2%10.0%
  3.5%2.5%
  12.5%11.0%
  5.6%4.8%
  0.4%0.8%
  0.6%1.9%
  8.2%4.7%
  0.8%1.9%
  8.5%7.6%
  1.0%0.1%
  1.9%4.2%
  12.3%9.3%
  16.4%14.0%
  1.1%2.1%
  4.8%7.0%
  4.8%4.8%
  2.8%4.7%
Health
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