Arlington Heights, IL 60005 is a vibrant community with a low cost of living. The 2 bedroom rent in this area is $1,520, which is slightly higher than the US average of $1,430. The grocery cost index for Arlington Heights is 99 versus 100 in the US. This makes it an attractive place for those looking to save money while still enjoying a quality lifestyle.
The area also has some great local businesses such as the Arlington Tap House and Wildberry Pancakes & Cafe. These restaurants offer delicious meals to locals and visitors alike. Shopping options include Provenance Boutique and Anthony's Formal Wear for clothing and accessories. For entertainment options, people can enjoy bowling at Bowl Haven or cheer on the Schaumburg Boomers baseball team at their home stadium in nearby Schaumburg. With so many options available, Arlington Heights is an ideal place to live or visit.
Arlington Heights (zip 60005) has an unemployment rate of 4.8%. The US average is 6.0%.
Arlington Heights (zip 60005) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Arlington Heights (zip 60005)
- The Sales Tax Rate for Arlington Heights (zip 60005) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Arlington Heights (zip 60005) 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 Arlington Heights (zip 60005)
- The average income of a Arlington Heights (zip 60005) resident is $49,872 a year. The US average is $37,638 a year.
- The Median household income of a Arlington Heights (zip 60005) resident is $94,670 a year. The US average is $69,021 a year.