Zip 60803 (Alsip, IL) Economy


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Alsip, IL is a charming suburb of Chicago located in the 60803 zip code. The average two-bedroom rent for Alsip is $1,160, which is significantly less than the US national average of $1,430. Additionally, groceries are relatively cheaper in Alsip as the Grocery Cost Index is 95 compared to 100 in the US. This makes living in Alsip economically feasible for families or those looking to save on expenses.
Alsip houses many local businesses and companies including A-24 Security & Investigations LLC., Michigan Avenue Dental Care, Chiro One Wellness Centers and more. These local companies provide a variety of services from security guards to dentists and massage therapy services. For instance, Chiro One Wellness Centers offers chiropractic care and massage therapy services that help patients with pain relief and reducing stress levels.

Alsip (zip 60803) has an unemployment rate of 8.4%. The US average is 6.0%.

Alsip (zip 60803) 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 Alsip (zip 60803)
- The Sales Tax Rate for Alsip (zip 60803) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Alsip (zip 60803) 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 Alsip (zip 60803)
- The average income of a Alsip (zip 60803) resident is $23,050 a year. The US average is $28,555 a year.
- The Median household income of a Alsip (zip 60803) resident is $57,305 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlsip, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $30,241$37,638
  $57,305$69,021
  $83,333$85,028
  Population by Occupation
  0.0%1.2%
  0.1%0.5%
  7.5%6.8%
  11.0%10.0%
  2.6%2.5%
  11.6%11.0%
  7.3%4.8%
  0.5%0.8%
  2.2%1.9%
  5.2%4.7%
  2.3%1.9%
  5.1%7.6%
  0.0%0.1%
  4.5%4.2%
  6.2%9.3%
  18.2%14.0%
  1.7%2.1%
  5.7%7.0%
  5.4%4.8%
  2.8%4.7%
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