Winnetka, IL is a thriving community located in the greater Chicago area. It offers a unique combination of city amenities and suburban living. This quaint town is home to top restaurants, chain stores, and boutique shops. Other local companies include the Winnetka Community House, which offers various classes for members, as well as acting as a networking hub for residents. The Winnetka Public Library provides books for reading pleasure and programming opportunities throughout the year. Many locals also enjoy spending time at Gillson Park or taking in local theatre performances at the Winnetka Civic Orchestra Hall. In terms of cost of living, rental rates are higher than other areas in the country; however, grocery costs are lower due to its index being 110 versus 100 in the US. All in all, Winnetka is an attractive place to live with plenty of things to do and great resources available to its residents.
Winnetka has an unemployment rate of 8.4%. The US average is 6.0%.
Winnetka 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 Winnetka
- The Sales Tax Rate for Winnetka is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Winnetka 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 Winnetka
- The average income of a Winnetka resident is $98,139 a year. The US average is $28,555 a year.
- The Median household income of a Winnetka resident is $250,001 a year. The US average is $69,021 a year.