Joliet, IL (60432) is a great city to live in due to its access to necessary amenities and reasonable cost of living. With a two bedroom rent averaging $1,210, it’s significantly lower than the US's average of $1,430. This leaves more money for other necessities like groceries as the Grocery Cost Index in Joliet is 93 versus 100 in the US on average. Those looking for employment have some great options with local companies like Caterpillar and Exelon Corporation both located nearby. The cost of living in Joliet is generally cheaper than most cities across the country making it an attractive place to call home.
Joliet (zip 60432) has an unemployment rate of 7.1%. The US average is 6.0%.
Joliet (zip 60432) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Joliet (zip 60432)
- The Sales Tax Rate for Joliet (zip 60432) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Joliet (zip 60432) 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 Joliet (zip 60432)
- The average income of a Joliet (zip 60432) resident is $22,595 a year. The US average is $37,638 a year.
- The Median household income of a Joliet (zip 60432) resident is $54,457 a year. The US average is $69,021 a year.