Palos Heights, IL 60463 is a great place to call home. It has a variety of amenities that make it an attractive destination for those wanting to live close to Chicago. The median 2 bedroom rent in the area is $1,850 which is slightly more than the national average of $1,430. Additionally, the Grocery Cost Index in Palos Heights is 98 compared to 100 for the US as a whole.
For those looking for employment opportunities in Palos Heights, local companies include BAMKO LLC., F&M Distributing Co., and D&A Machining Inc. In terms of leisure activities, landmarks like Stony Creek Promenade offer plenty of shopping options including stores such as Lululemon and Starbucks as well as a movie theater and several restaurants. The area also includes parks such as Waterfall Glen Forest Preserve and Silver Lake Country Club golf course.
Palos Heights (zip 60463) has an unemployment rate of 8.4%. The US average is 6.0%.
Palos Heights (zip 60463) 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 Palos Heights (zip 60463)
- The Sales Tax Rate for Palos Heights (zip 60463) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Palos Heights (zip 60463) 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 Palos Heights (zip 60463)
- The average income of a Palos Heights (zip 60463) resident is $46,612 a year. The US average is $37,638 a year.
- The Median household income of a Palos Heights (zip 60463) resident is $101,090 a year. The US average is $69,021 a year.