Round Lake, IL is a small town located in Lake County. It is a great place to live with accessible amenities and affordable housing. The average 2 bedroom rent in Round Lake, IL is $1,610 which is less than the US average of $1,430. Additionally, groceries are relatively inexpensive as the grocery cost index in Round Lake is 95 compared to 100 in the US. Local businesses include the Country Inn & Suites by Radisson, Round Lake Beach Police Department, and Tower Lakes Golf Course.
Round Lake has an unemployment rate of 6.4%. The US average is 6.0%.
Round Lake has seen the job market increase by 2.4% 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 Round Lake
- The Sales Tax Rate for Round Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Round Lake 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 Round Lake
- The average income of a Round Lake resident is $28,165 a year. The US average is $28,555 a year.
- The Median household income of a Round Lake resident is $86,451 a year. The US average is $69,021 a year.