Oak Lawn, IL is a great place to live with its diverse population and many amenities. The 2 Bedroom Rent in the area of 60453 Oak Lawn, IL is $1,370 compared to the US 2 Bedroom Rent at $1,430. This lower rent gives people more options to find appropriate housing. The Grocery Cost Index in Oak Lawn, IL is 96 versus 100 in the US, making it an attractive option for those looking to save on food costs. \nThe local economy has a number of well-known companies such as Advocate Health Care, Walmart, and Aldi just to name a few. Shopping centers like Oak Lawn Plaza provide convenience for residents as well as tourists from other parts of Illinois who come to explore local attractions like Garfield Park Conservatory or Mount Greenwood Park which offer plenty of outdoor activities like fishing and hiking.
Oak Lawn (zip 60453) has an unemployment rate of 8.4%. The US average is 6.0%.
Oak Lawn (zip 60453) 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 Oak Lawn (zip 60453)
- The Sales Tax Rate for Oak Lawn (zip 60453) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Oak Lawn (zip 60453) 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 Lawn (zip 60453)
- The average income of a Oak Lawn (zip 60453) resident is $36,279 a year. The US average is $37,638 a year.
- The Median household income of a Oak Lawn (zip 60453) resident is $70,787 a year. The US average is $69,021 a year.