Port Barrington, IL is a great place to live with plenty of amenities for its residents. Rent for a 2 bedroom apartment in Port Barrington is $2,140 which is higher than the US average rent of $1,430. On top of that, the grocery cost index in Port Barrington is 104 compared to 100 nationally. This makes the overall cost of living in Port Barrington slightly more expensive than other cities. There are several local businesses in Port Barrington including grocery stores such as Tom's Market and restaurants like Fogo de Chao Brazillian Steakhouse. The city also has many parks and a movie theater making it an ideal place to live.
Port Barrington has an unemployment rate of 5.9%. The US average is 6.0%.
Port Barrington 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 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Port Barrington
- The Sales Tax Rate for Port Barrington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Port Barrington 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 Port Barrington
- The average income of a Port Barrington resident is $45,449 a year. The US average is $28,555 a year.
- The Median household income of a Port Barrington resident is $140,500 a year. The US average is $69,021 a year.