The village of Crete, IL (60417) is a small but growing area that offers its residents a variety of housing options. The average two-bedroom rent in Crete is $1,120 per month, which is just slightly lower than the nationwide average of $1,430. There are a number of local companies in Crete that can benefit from this cost savings. For example, K-Line Disposal provides waste removal services to local residences and businesses at competitive rates. The cheaper rental prices also makes it easier for businesses like Brite Side Home Health Care to operate in the area as they are able to provide quality health care services without having to pay high costs for housing their employees. Additionally, with the lower grocery cost index in Crete (96 versus 100 nationally), local businesses such as Grocery Outlet have an opportunity to pass on these savings to their customers and keep prices low while still providing high-quality food items.
Crete (zip 60417) has an unemployment rate of 7.1%. The US average is 6.0%.
Crete (zip 60417) 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 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Crete (zip 60417)
- The Sales Tax Rate for Crete (zip 60417) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Crete (zip 60417) 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 Crete (zip 60417)
- The average income of a Crete (zip 60417) resident is $30,636 a year. The US average is $28,555 a year.
- The Median household income of a Crete (zip 60417) resident is $78,725 a year. The US average is $69,021 a year.