Berkeley, IL, zip code 60163 is located in Cook County and has a population of about 8,800 people. It offers a unique combination of suburban lifestyle with easy access to downtown Chicago via Metra’s UP-W line. This makes it an ideal location for those who want to enjoy the convenience of city life yet don’t wish to live in a large urban center. The average rent for a two bedroom apartment in Berkeley is $1,170 compared to the US average of $1,430. The Grocery Cost Index in Berkeley is 96 versus 100 nationally. With a lower cost of living than other cities nearby, this makes Berkeley a great place to work and live economically. Notable companies located in Berkeley include Chicago Pallet & Box Co., Berco Industries Inc., and Emerald Construction & Maintenance LLC.
Berkeley (zip 60163) has an unemployment rate of 8.4%. The US average is 6.0%.
Berkeley (zip 60163) 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 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Berkeley (zip 60163)
- The Sales Tax Rate for Berkeley (zip 60163) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Berkeley (zip 60163) 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 Berkeley (zip 60163)
- The average income of a Berkeley (zip 60163) resident is $30,703 a year. The US average is $37,638 a year.
- The Median household income of a Berkeley (zip 60163) resident is $73,814 a year. The US average is $69,021 a year.