Grayslake, IL is a small town in Lake County with a population of around 20,000 people. This friendly community is an excellent place to live for those looking for an affordable lifestyle. The average two-bedroom rent in Grayslake is $1,620, which is less than the national average of $1,430. Grocery cost index in Grayslake is 97 versus 100 in the US. There are several local companies that make up the backbone of the Grayslake economy. Small businesses like Lang's Auto Body and Jewelry Exchange provide necessary services to the community, while larger companies like North Shore Gas Company and United Illuminating Company help to keep the city running smoothly. With its low cost of living, great schools, and abundance of local businesses, Grayslake has a lot to offer residents who want to settle down and build a life here.
Grayslake (zip 60030) has an unemployment rate of 6.4%. The US average is 6.0%.
Grayslake (zip 60030) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Grayslake (zip 60030)
- The Sales Tax Rate for Grayslake (zip 60030) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grayslake (zip 60030) 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 Grayslake (zip 60030)
- The average income of a Grayslake (zip 60030) resident is $49,075 a year. The US average is $37,638 a year.
- The Median household income of a Grayslake (zip 60030) resident is $97,295 a year. The US average is $69,021 a year.