Winfield, IL is a small town located west of Chicago. It has a population of over 8,000 people and offers a quiet, rural atmosphere with close access to major cities such as Chicago. Local businesses in Winfield include grocery stores like Shop n Save and restaurants such as Grandpa’s Table. The cost of living in Winfield is lower than the US average, with 2 bedroom rent averaging $2,150 compared to the US average of $1,430. The Grocery Cost Index is also lower than the national average, with an index score of 99 compared to 100 for the US. Overall, Winfield is a great place for people looking for affordable living options on the outskirts of major cities like Chicago.
Winfield has an unemployment rate of 5.4%. The US average is 6.0%.
Winfield 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 Winfield
- The Sales Tax Rate for Winfield is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Winfield 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 Winfield
- The average income of a Winfield resident is $47,631 a year. The US average is $28,555 a year.
- The Median household income of a Winfield resident is $131,218 a year. The US average is $69,021 a year.