Wauconda, IL Economy


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Wauconda, IL is a great place to live for its affordability and convenience. The average two bedroom rent in Wauconda is $1,390 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Wauconda is 97 versus 100 in the US. The city has a variety of local businesses including KJ Drywall & Construction Services, Phoenix Flooring Solutions, LLC and Suburban Auto Body. For food lovers Wauconda has Kuma's Corner Restaurant for classic American eats and Rock's of Long Grove for delicious Mediterranean cuisine.

Wauconda has an unemployment rate of 6.4%. The US average is 6.0%.

Wauconda 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 Wauconda
- The Sales Tax Rate for Wauconda is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wauconda 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 Wauconda
- The average income of a Wauconda resident is $42,779 a year. The US average is $37,638 a year.
- The Median household income of a Wauconda resident is $102,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWauconda, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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