Zip 60029 (Golf, IL) Economy


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Golf, Illinois is an affluent village located in Cook County. It is home to the elite 60029 zip code with a population of just about 1,700 people. Golf has plenty to offer residents and visitors alike, including numerous shops and restaurants. Major employers in the area are AbbVie Inc., Advance Auto Parts, Safeway Companies LLC, Walgreens Boots Alliance Inc., and The US Foods Company. The cost of living in Golf, IL is slightly higher than most parts of the US due to its exclusive address. For example, the average rent for a 2-bedroom apartment is $1,800 while it's only $1,430 across the United States. Grocery Cost Index is also higher with 109 versus 100 in most parts of the US. Despite this minor cost increase, residents benefit from excellent schools and an idyllic atmosphere that make it worth every penny spent.

Golf (zip 60029) has an unemployment rate of 8.4%. The US average is 6.0%.

Golf (zip 60029) 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 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Golf (zip 60029)
- The Sales Tax Rate for Golf (zip 60029) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Golf (zip 60029) 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 Golf (zip 60029)
- The average income of a Golf (zip 60029) resident is $51,747 a year. The US average is $28,555 a year.
- The Median household income of a Golf (zip 60029) resident is $211,100 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGolf, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  9.0%6.2%
  5.0%4.6%
  $111,273$37,638
  $211,100$69,021
  $215,750$85,028
  Population by Occupation
  0.8%1.2%
  0.4%0.5%
  0.8%6.8%
  3.7%10.0%
  0.4%2.5%
  4.5%11.0%
  2.8%4.8%
  0.0%0.8%
  3.3%1.9%
  15.4%4.7%
  4.5%1.9%
  29.3%7.6%
  0.8%0.1%
  0.0%4.2%
  3.7%9.3%
  5.7%14.0%
  11.8%2.1%
  3.3%7.0%
  7.3%4.8%
  1.6%4.7%
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