Zip 60201 (Evanston, IL) Economy


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Evanston, IL is a small city just north of Chicago with a population of 75,737 people. It is home to several large companies such as Northwestern University, NorthShore University HealthSystems, Zebra Technologies Corporation, NorthShore Research Institute, and Norchem Corporation. Northwestern University offers a variety of undergraduate and graduate degrees in fields such as business, engineering and medicine. NorthShore University HealthSystems provides world-class healthcare services for Evanston residents. Zebra Technologies designs high-performance data capture solutions for businesses worldwide. NorthShore Research Institute performs cutting-edge clinical research in the life sciences. Lastly, Norchem Corporation offers innovative technologies to help improve water resources management. The cost of rent for a two bedroom apartment in Evanston is $2,060 compared to the US average of $1,430 and the grocery cost index in Evanston is 103 compared to 100 in the US.

Evanston (zip 60201) has an unemployment rate of 5.8%. The US average is 6.0%.

Evanston (zip 60201) 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 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Evanston (zip 60201)
- The Sales Tax Rate for Evanston (zip 60201) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Evanston (zip 60201) 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 Evanston (zip 60201)
- The average income of a Evanston (zip 60201) resident is $59,633 a year. The US average is $37,638 a year.
- The Median household income of a Evanston (zip 60201) resident is $81,128 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEvanston, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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