Elgin, IL, is a vibrant city with plenty of things to do. Located in zip code 60124, it offers a variety of stores and restaurants for residents to enjoy. The 2 Bedroom Rent in Elgin is $2,160 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Elgin is 99 versus 100 in the US.
Local companies include Rosas Mexican Restaurant, Comcast Xfinity Store and Sertinos Cafe. Attractions include the Grand Victoria Casino & Resort, Tyler Creek Trail and Elgin Public Museum of Natural History & Anthropology. Furthermore, there are plenty of parks like Lords Park Zoo that offer recreational activities for all ages. Whether you're looking for a bite to eat or an outdoor adventure, Elgin has something to offer!
Elgin (zip 60124) has an unemployment rate of 7.1%. The US average is 6.0%.
Elgin (zip 60124) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Elgin (zip 60124)
- The Sales Tax Rate for Elgin (zip 60124) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elgin (zip 60124) 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 Elgin (zip 60124)
- The average income of a Elgin (zip 60124) resident is $40,267 a year. The US average is $28,555 a year.
- The Median household income of a Elgin (zip 60124) resident is $125,754 a year. The US average is $69,021 a year.