Zip 60157 (Medinah, IL) Economy


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The small village of Medinah, located in 60157 Illinois, is an ideal spot for those wanting to live close to the city without having to bear the full cost of living. The average 2 bedroom rent is slightly higher than the US average at $1,730 per month. The grocery cost index is roughly equal to that of the US at 100.
For those who wish to enjoy all that Medinah has to offer, there are a variety of local businesses nearby. Some examples include National Machine Products Inc., an industrial tool and machine manufacturer; Medinah Country Club, known for its excellent golf courses; and H & L Transport LLC, specializing in transportation services. With such a variety of companies in the area, one can find whatever they need within easy reach!

Medinah (zip 60157) has an unemployment rate of 5.4%. The US average is 6.0%.

Medinah (zip 60157) 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 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Medinah (zip 60157)
- The Sales Tax Rate for Medinah (zip 60157) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Medinah (zip 60157) 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 Medinah (zip 60157)
- The average income of a Medinah (zip 60157) resident is $49,678 a year. The US average is $37,638 a year.
- The Median household income of a Medinah (zip 60157) resident is $101,979 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedinah, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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