Kankakee, IL County is a great place to live, work, and play. The average two-bedroom rent in Kankakee County is $1,070 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Kankakee County is 95 versus 100 nationally. This means residents can enjoy lower prices on food and groceries. There are many local companies and organizations that make up the economy of Kankakee County including Presence St Mary's Hospital, Olivet Nazarene University, and Farmland Foods. These businesses offer a variety of services such as healthcare, education, and food manufacturing that help to keep the community thriving.
Kankakee County has an unemployment rate of 7.5%. The US average is 6.0%.
Kankakee County has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 38.9%, which is higher than the US average of 33.5%.
Tax Rates for Kankakee County
- The Sales Tax Rate for Kankakee County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Kankakee 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 Kankakee County
- The average income of a Kankakee County resident is $24,117 a year. The US average is $28,555 a year.
- The Median household income of a Kankakee County resident is $61,664 a year. The US average is $69,021 a year.