Willow Springs, IL is a small town located in Cook County, about 25 miles from Chicago. It is known for its great schools and many outdoor activities nearby. It is the perfect place for families looking to have easy access to the city while still enjoying a peaceful lifestyle. There are many local companies in Willow Springs that offer valuable services to the community such as B&V Flowers which provides flower arrangements for special occasions, and G&H Accounting offering assistance with tax and financial planning. Additionally, with two bedroom rent in Willow Springs of $1,460 a month and the Grocery Cost Index at 98 (compared to 100 in the US), this area of Illinois makes living here an affordable option.
Willow Springs has an unemployment rate of 8.4%. The US average is 6.0%.
Willow Springs 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 Willow Springs
- The Sales Tax Rate for Willow Springs is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Willow Springs 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 Willow Springs
- The average income of a Willow Springs resident is $40,571 a year. The US average is $28,555 a year.
- The Median household income of a Willow Springs resident is $98,860 a year. The US average is $69,021 a year.