Wood Dale, IL Economy


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Wood Dale, IL is a suburb of Chicago located in DuPage County. It is known for its small-town atmosphere and affordable living costs. The average rent for a two bedroom apartment is $1,580, which is slightly higher than the US average of $1,430. The Grocery Cost Index in Wood Dale is also below the national average at 97 versus 100. This makes it an attractive area for prospective renters and homeowners alike. Popular companies found in Wood Dale include Eastman Chemical Company, Air Compressor Products Corporation, and D & L Systems Solutions Inc. All three organizations provide good opportunities for local residents and visitors to find employment or explore potential ventures.

Wood Dale has an unemployment rate of 5.4%. The US average is 6.0%.

Wood Dale 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 Wood Dale
- The Sales Tax Rate for Wood Dale is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wood Dale 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 Wood Dale
- The average income of a Wood Dale resident is $27,849 a year. The US average is $28,555 a year.
- The Median household income of a Wood Dale resident is $80,079 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWood Dale, IllinoisUnited States
  5.46
  -9.5%-6.2%
  27.6%33.5%
  8.0%6.2%
  5.0%4.6%
  $36,072$37,638
  $80,079$69,021
  $91,607$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  7.9%6.8%
  14.5%10.0%
  4.6%2.5%
  9.4%11.0%
  12.6%4.8%
  0.4%0.8%
  0.6%1.9%
  5.6%4.7%
  1.5%1.9%
  4.6%7.6%
  0.0%0.1%
  5.1%4.2%
  5.8%9.3%
  11.6%14.0%
  0.5%2.1%
  8.6%7.0%
  4.2%4.8%
  1.7%4.7%
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