Cook, IL County is located in the Chicago metropolitan area and has a population of 5.2 million people. It is an economically diverse county with strong job prospects and plenty of opportunities for recreation. The average rent for a 2-bedroom apartment in Cook, IL County is $1,440 which is slightly higher than the US national average of $1,430. In addition to rent rates, the grocery cost index in this county is 98 versus 100 in the US. There are many local businesses such as Walgreens, McDonalds, and Jewel Osco that are popular amongst locals. Additionally, there are international companies like Walmart and Target that have outlets here as well.
Cook County has an unemployment rate of 8.4%. The US average is 6.0%.
Cook County 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 Cook County
- The Sales Tax Rate for Cook County is 10.1%. The US average is 7.3%.
- The Income Tax Rate for Cook County 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 Cook County
- The average income of a Cook County resident is $30,468 a year. The US average is $28,555 a year.
- The Median household income of a Cook County resident is $72,121 a year. The US average is $69,021 a year.