Norridge, IL is a small town with a population just over 14,000, located in Cook County. Despite its small size, it boasts many local businesses including Cermak Fresh Market, Walgreens Pharmacy, and Avenue Bank Norridge. Norridge's 2 bedroom rent is slightly lower than the national average - at $1,230 compared to $1,430 in the US - making it an affordable place to live for families and young professionals alike. The grocery cost index in Norridge is also lower than the national average (99 versus 100), making everyday staples more accessible to residents. All things considered, Norridge offers an ideal balance between affordability and accessibility that's hard to come by in today's market.
Norridge has an unemployment rate of 8.4%. The US average is 6.0%.
Norridge 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Norridge
- The Sales Tax Rate for Norridge is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Norridge 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 Norridge
- The average income of a Norridge resident is $26,736 a year. The US average is $28,555 a year.
- The Median household income of a Norridge resident is $80,911 a year. The US average is $69,021 a year.