Palos Heights, IL is a city located in Cook County with a population of 12,560. It's an ideal place to live for those looking for a peaceful environment with easy access to shopping, entertainment, and other services. The cost of living here is quite affordable with two-bedroom rental units going for $1,930 and a Grocery Cost Index at 98 compared to the US average of 100.
Local businesses in the area include Arnie's Bakery, Nicole's Natural Health & Wellness Center, Palos Heights Fitness Center, Eddie Gaedel Pub & Grill, and Fannie May Candies. For outdoor activities and recreation, there are plenty of parks such as Lake Katherine Nature Center & Botanic Garden, Klemme Memorial Park, Centennial Park and Pool, and Leyden Woods Forest Preserve to explore. Other points of interests include the Palos Theatre which offers independent films as well as classics from Hollywood’s golden age.
Palos Heights has an unemployment rate of 8.4%. The US average is 6.0%.
Palos Heights 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 Palos Heights
- The Sales Tax Rate for Palos Heights is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Palos Heights 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 Palos Heights
- The average income of a Palos Heights resident is $41,908 a year. The US average is $28,555 a year.
- The Median household income of a Palos Heights resident is $101,037 a year. The US average is $69,021 a year.