Zip 60048 (Libertyville, IL) Economy


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Libertyville, Illinois (zipcode 60048) is an affluent suburban village located within Lake County. The 2 bedroom rent in the area is $1,710 compared to the US average of $1,430. Additionally, it has a grocery cost index of 102 versus the US average of 100. Home to several businesses and industries such as Medline Industries Inc., Libertyville Bank & Trust Co., Ditto Research LLC and numerous others, this vibrant community also offers its residents a number of attractions like the Libertyville Sports Complex where visitors can enjoy playing soccer in its 22 fields or take part in other sports activities. Those looking for entertainment options can head to the popular Concord Music Hall or Millennium Park while those who prefer shopping can go to Hawthorn Mall which houses many stores and restaurants. With plenty to do and see in Libertyville make sure you check it out!

Libertyville (zip 60048) has an unemployment rate of 6.4%. The US average is 6.0%.

Libertyville (zip 60048) has seen the job market increase by 2.4% 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 Libertyville (zip 60048)
- The Sales Tax Rate for Libertyville (zip 60048) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Libertyville (zip 60048) 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 Libertyville (zip 60048)
- The average income of a Libertyville (zip 60048) resident is $58,962 a year. The US average is $28,555 a year.
- The Median household income of a Libertyville (zip 60048) resident is $155,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLibertyville, IllinoisUnited States
  6.46
  -7.7%-6.2%
  32.8%33.5%
  7.0%6.2%
  5.0%4.6%
  $75,463$37,638
  $155,179$69,021
  $195,479$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  2.9%6.8%
  20.1%10.0%
  6.4%2.5%
  9.0%11.0%
  2.4%4.8%
  0.1%0.8%
  1.7%1.9%
  8.2%4.7%
  1.7%1.9%
  11.9%7.6%
  0.6%0.1%
  2.1%4.2%
  10.0%9.3%
  8.3%14.0%
  3.1%2.1%
  4.3%7.0%
  4.1%4.8%
  2.7%4.7%
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