Morton Grove, IL (zip code 60053) is a popular place for residents to call home. With its close proximity to parks, major highways, and downtown Chicago, Morton Grove has become an ideal location for those looking to take advantage of the convenience of city living while still having access to a suburban lifestyle. The average two bedroom rental cost in Morton Grove is $2180 per month which is slightly higher than the national average of $1430 monthly. For those looking to save on groceries, Morton Grove offers great savings with a grocery cost index at 99 compared to 100 in other parts of the country. For shopping and dining out there are local companies such as D&D Finer Foods, J & L Bakery & Restaurant and La Cabana Mexican Grill that give a taste of local flavor.
Morton Grove (zip 60053) has an unemployment rate of 8.4%. The US average is 6.0%.
Morton Grove (zip 60053) has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Morton Grove (zip 60053)
- The Sales Tax Rate for Morton Grove (zip 60053) is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Morton Grove (zip 60053) 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 Morton Grove (zip 60053)
- The average income of a Morton Grove (zip 60053) resident is $41,004 a year. The US average is $37,638 a year.
- The Median household income of a Morton Grove (zip 60053) resident is $91,389 a year. The US average is $69,021 a year.