Crystal Lake, IL (60014) is a desirable city to live in due to its low cost of living compared to the national average. The average 2 bedroom rent in Crystal Lake is $1,550, which is $120 less than the US average of $1,430. Additionally, grocery costs index in Crystal Lake is 97 versus 100 in the US. This means that essential items such as food are cheaper here than other places in the country.
The city also offers plenty of opportunity for work with major companies such as Advocate Health Care and Sage Products located within the town limits. In addition, its close proximity to Chicago allows many people who live here to commute to work or take advantage of all that the Windy City has to offer.
Overall, Crystal Lake makes for an ideal place for those looking to save money while still having access to great amenities and career opportunities.
Crystal Lake (zip 60014) has an unemployment rate of 4.9%. The US average is 6.0%.
Crystal Lake (zip 60014) 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 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Crystal Lake (zip 60014)
- The Sales Tax Rate for Crystal Lake (zip 60014) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Crystal Lake (zip 60014) 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 Crystal Lake (zip 60014)
- The average income of a Crystal Lake (zip 60014) resident is $35,414 a year. The US average is $28,555 a year.
- The Median household income of a Crystal Lake (zip 60014) resident is $95,576 a year. The US average is $69,021 a year.