Zip 60062 (Northbrook, IL) Economy


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Northbrook, IL (zip code 60062) is located in Cook County and is a suburb of Chicago. It has a population of 33,435 people as of 2019. The 2 bedroom rent in Northbrook is $1,830 while the US average for a 2 bedroom is $1,430. In terms of grocery cost index, Northbrook scored 103 versus the US average of 100.
Northbrook is home to several companies such as Allstate Insurance, Crate & Barrel Corporate offices and State Farm Insurance Companies. These companies provide new job opportunities within the area which makes Northbrook an attractive place to live especially for those looking to settle down in the suburbs of Chicago. The cost of living in Northbrook is higher than that of the US average, but with its close proximity to Chicago and its excellent job prospects combined with its safe neighborhoods and quality schools, it’s definitely worth considering if you’re looking for a suburban lifestyle near one of America’s most vibrant cities.

Northbrook (zip 60062) has an unemployment rate of 8.4%. The US average is 6.0%.

Northbrook (zip 60062) has seen the job market decrease by -0.2% 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 Northbrook (zip 60062)
- The Sales Tax Rate for Northbrook (zip 60062) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Northbrook (zip 60062) 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 Northbrook (zip 60062)
- The average income of a Northbrook (zip 60062) resident is $54,738 a year. The US average is $28,555 a year.
- The Median household income of a Northbrook (zip 60062) resident is $128,312 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorthbrook, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  10.0%6.2%
  5.0%4.6%
  $74,242$37,638
  $128,312$69,021
  $169,935$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.4%6.8%
  9.2%10.0%
  3.6%2.5%
  9.6%11.0%
  3.0%4.8%
  0.0%0.8%
  1.8%1.9%
  13.2%4.7%
  1.7%1.9%
  15.5%7.6%
  0.1%0.1%
  4.0%4.2%
  9.9%9.3%
  13.6%14.0%
  3.3%2.1%
  2.8%7.0%
  4.8%4.8%
  1.5%4.7%
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