Zip 60004 (Arlington Heights, IL) Economy


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Arlington Heights, IL is a suburban village located in Cook County and is part of the Chicago Metropolitan Area. With a population of nearly 75,000 people, Arlington Heights is one of the most vibrant areas in the Greater Chicago area. The 2 bedroom rent in Arlington Heights is $1,780 compared to $1,430 on average across the US. The grocery cost index here is 100 versus 100 nationally. There are many large companies located in this suburb such as Northwestern University Healthcare, FedEx Office Print & Ship Center, Uline Inc., Charter Communications Inc., and Bannockburn Global Forex LLC. These employers provide locals with job opportunities and contribute to the local economy. Additionally, Arlington Heights offers plenty of entertainment options such as theaters, restaurants and shopping centers for residents to enjoy.

Arlington Heights (zip 60004) has an unemployment rate of 4.8%. The US average is 6.0%.

Arlington Heights (zip 60004) 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 60004)
- The Sales Tax Rate for Arlington Heights (zip 60004) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Arlington Heights (zip 60004) 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 60004)
- The average income of a Arlington Heights (zip 60004) resident is $53,221 a year. The US average is $37,638 a year.
- The Median household income of a Arlington Heights (zip 60004) resident is $108,890 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArlington Heights, IllinoisUnited States
    Unlock6
    Unlock-6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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    Unlock4.2%
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