North Chicago, IL 60064 is a great place to call home. With a median rent of $1,250 for a two-bedroom apartment, it offers more affordable housing than the US average of $1,430. The Grocery Cost Index in North Chicago is 93 compared to 100 in the US, making it an economically smart choice for those looking to make their money stretch further. The area also has plenty to offer in terms of entertainment and shopping. Local companies like AbbVie Pharmaceuticals, Great Lakes Naval Base Exchange, and Rosalind Franklin University bring plenty of employment opportunities. In addition, North Chicago has lots to do such as visiting the historic Navy Pier or taking part in outdoor activities at Fort Sheridan Forest Preserve. All these factors combine to make North Chicago an excellent option for anyone looking for a comfortable place to live with an excellent cost of living.
North Chicago (zip 60064) has an unemployment rate of 10.1%. The US average is 6.0%.
North Chicago (zip 60064) 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 35.7%, which is higher than the US average of 33.5%.
Tax Rates for North Chicago (zip 60064)
- The Sales Tax Rate for North Chicago (zip 60064) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for North Chicago (zip 60064) 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 North Chicago (zip 60064)
- The average income of a North Chicago (zip 60064) resident is $19,514 a year. The US average is $37,638 a year.
- The Median household income of a North Chicago (zip 60064) resident is $38,591 a year. The US average is $69,021 a year.