Oak Park, IL, 60301 is a great place to move to if you are looking for reasonable rent prices. The area has an average two bedroom rent of $2,140 which is much lower than the US national average of $1,430. This makes it a great place for those looking for rental homes within their price range. In addition to low housing costs, Oak Park also boasts relatively low grocery costs with an index rate of 96 as compared to the US score of 100.
Oak Park is known as one of the best suburbs in Illinois and offers many amenities such as shopping centers, restaurants, parks, and more. There are also a number of excellent companies located in the area that offer good job opportunities for local residents. These include companies like Motorola Mobility LLC., Wintrust Financial Corporation., Dellenbach Motors Inc., and United Scrap Metal Inc. With its excellent living conditions and plentiful job opportunities, Oak Park is an ideal location for anyone looking to relocate.
Oak Park (zip 60301) has an unemployment rate of 5.3%. The US average is 6.0%.
Oak Park (zip 60301) 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 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Oak Park (zip 60301)
- The Sales Tax Rate for Oak Park (zip 60301) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Park (zip 60301) 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 Oak Park (zip 60301)
- The average income of a Oak Park (zip 60301) resident is $52,667 a year. The US average is $28,555 a year.
- The Median household income of a Oak Park (zip 60301) resident is $90,283 a year. The US average is $69,021 a year.