Zip 60061 (Vernon Hills, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Vernon Hills, IL (60061) is an affluent village in Lake County, Illinois. With a population of approximately 25,700, Vernon Hills offers a high quality of life and economic stability. The average 2 bedroom rent is $1,940, which is higher than the US average of $1,430. The Grocery Cost Index in Vernon Hills is 100 compared to 100 in the US.
Vernon Hills boasts many successful companies such as Rust-Oleum Corporation and Dyson Corporation. Other notable businesses located there are Ulta Beauty headquarters and Amazon Robotics fulfilment center. Residents enjoy shopping at Hawthorn Mall which includes major stores such as Macy's and Best Buy. Restaurants near the mall are abundant with chains like Red Lobster and Olive Garden or local spots such as Grill House Mediterranean Cuisine and Nick's Pizza & Pub.

Vernon Hills (zip 60061) has an unemployment rate of 4.0%. The US average is 6.0%.

Vernon Hills (zip 60061) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Vernon Hills (zip 60061)
- The Sales Tax Rate for Vernon Hills (zip 60061) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Vernon Hills (zip 60061) 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 Vernon Hills (zip 60061)
- The average income of a Vernon Hills (zip 60061) resident is $43,019 a year. The US average is $28,555 a year.
- The Median household income of a Vernon Hills (zip 60061) resident is $109,150 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVernon Hills, IllinoisUnited States
  46
  -7.7%-6.2%
  34.3%33.5%
  7.3%6.2%
  5.0%4.6%
  $53,376$37,638
  $109,150$69,021
  $130,000$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  2.2%6.8%
  16.6%10.0%
  5.5%2.5%
  11.5%11.0%
  3.2%4.8%
  0.0%0.8%
  1.5%1.9%
  6.2%4.7%
  1.4%1.9%
  14.7%7.6%
  0.4%0.1%
  3.5%4.2%
  6.7%9.3%
  12.2%14.0%
  3.0%2.1%
  5.7%7.0%
  3.4%4.8%
  1.6%4.7%
Health