60406 Blue Island, IL is a suburban city located about 16 miles south of downtown Chicago. It has a population of 23,294 people according to the 2019 US Census. The town features many local companies such as Metco Manufacturing Inc., D&S Machine Products Inc., and Smarte Carte Inc.
The average 2-bedroom rent for 60406 Blue Island is $1,110 compared to the US average 2-bedroom rent of $1,430. This means that it costs less than 80% of the national average for 2-bedrooms in this area. Additionally, the Grocery Cost Index for 60406 Blue Island is 94 compared to 100 in the US indicating that groceries are also cheaper here than in other areas around the country.
Blue Island (zip 60406) has an unemployment rate of 8.4%. The US average is 6.0%.
Blue Island (zip 60406) 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 Blue Island (zip 60406)
- The Sales Tax Rate for Blue Island (zip 60406) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Blue Island (zip 60406) 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 Blue Island (zip 60406)
- The average income of a Blue Island (zip 60406) resident is $23,105 a year. The US average is $37,638 a year.
- The Median household income of a Blue Island (zip 60406) resident is $50,095 a year. The US average is $69,021 a year.