Lake Bluff, IL is a small town that is located in Lake County and has a population of just 5,000 people. It is known for its beautiful lakefront views and parks which make it an ideal location for those looking to get away from the hustle and bustle of the city. The rental market in Lake Bluff is quite competitive with 2 bedroom rentals averaging $1,760 per month compared to the US average of $1,430. Local companies in Lake Bluff include retailers such as Delightful Treats Bakery & Cafe, The Cupcake Emporium and Wildflower Creations Florist & Gifts. There are also many restaurants such as Bista’s Grill & Pub and Bourbon Street Barbecue. Additionally, there are several medical centers and schools located within Lake Bluff which makes it perfect for families. The cost of living index in Lake Bluff stands at 103 compared to the national average of 100, making it an affordable place to live.
Lake Bluff (zip 60044) has an unemployment rate of 6.4%. The US average is 6.0%.
Lake Bluff (zip 60044) 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 Lake Bluff (zip 60044)
- The Sales Tax Rate for Lake Bluff (zip 60044) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Bluff (zip 60044) 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 Lake Bluff (zip 60044)
- The average income of a Lake Bluff (zip 60044) resident is $75,962 a year. The US average is $37,638 a year.
- The Median household income of a Lake Bluff (zip 60044) resident is $113,516 a year. The US average is $69,021 a year.