Woodlawn, IL is a small town located in Cook County and has many local businesses. Rent for a two bedroom apartment is substantially lower than the national average which makes it an appealing destination for those looking to save money while still living comfortably. The grocery cost index in Woodlawn is also considerably lower than the US average at 92 versus 100. Local companies in Woodlawn include the Woodlawn Salon, American Tire Distributors, and 3D Technology Services. There are plenty of other options from retail stores to restaurants that make Woodlawn an attractive destination for all types of people.
Woodlawn has an unemployment rate of 6.5%. The US average is 6.0%.
Woodlawn has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.
Tax Rates for Woodlawn
- The Sales Tax Rate for Woodlawn is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Woodlawn 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 Woodlawn
- The average income of a Woodlawn resident is $22,310 a year. The US average is $28,555 a year.
- The Median household income of a Woodlawn resident is $61,500 a year. The US average is $69,021 a year.