Old Mill Creek, IL is a small town located roughly 50 miles north of Chicago and is known for its warm summers and cold winters. The average 2 bedroom rent in Old Mill Creek, IL is $1,940 which is slightly higher than the US average of $1,430. Grocery Cost Index in Old Mill Creek, IL is 97 versus the US average of 100 making it relatively cheaper to buy groceries in Old Mill Creek. There are several local companies located in this area such as A&G Construction Services Inc., Lakeland Technologies LLC., MW Composition Film Printing Ltd., and R&J Automotive Repair Service Ltd. With many different businesses to choose from, locals can easily find what they need without having to travel far away.
Old Mill Creek has an unemployment rate of 6.4%. The US average is 6.0%.
Old Mill Creek has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Old Mill Creek
- The Sales Tax Rate for Old Mill Creek is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Old Mill Creek 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 Old Mill Creek
- The average income of a Old Mill Creek resident is $43,393 a year. The US average is $37,638 a year.
- The Median household income of a Old Mill Creek resident is $105,417 a year. The US average is $69,021 a year.