60425 Glenwood, IL is an excellent place to live due to its cost-effectiveness and convenient location. The 2 bedroom rent in 60425 Glenwood, IL is $1,740, which is much lower than the US average of $1,430. Furthermore, the Grocery Cost Index in 60425 Glenwood, IL is 94 versus 100 in the US. Local businesses like Alluring Petals Florists and H&H Auto Sales provide residents with goods and services that are tailored to their needs. Additionally, there are great restaurants such as Tasty Grill & Pizza and La Fiesta Mexican Restaurant that offer delicious cuisines. 60425 Glenwood, IL provides a comfortable lifestyle at an affordable price.
Glenwood (zip 60425) has an unemployment rate of 8.4%. The US average is 6.0%.
Glenwood (zip 60425) 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 Glenwood (zip 60425)
- The Sales Tax Rate for Glenwood (zip 60425) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Glenwood (zip 60425) 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 Glenwood (zip 60425)
- The average income of a Glenwood (zip 60425) resident is $29,679 a year. The US average is $37,638 a year.
- The Median household income of a Glenwood (zip 60425) resident is $64,859 a year. The US average is $69,021 a year.