Zip 60073 (Round Lake Beach, IL) Economy


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United States / Illinois / Chicago-Naperville-Elgin Metro Area / Lake County / No City / Round Lake Beach (zip 60073)
Round Lake Beach, IL is a small town located within the Chicago metropolitan area. The population of Round Lake Beach was 20,788 in 2019. The average 2 bedroom rent in Round Lake Beach is $1,670 per month which is slightly higher than the US average of $1,430. The Grocery Cost Index for Round Lake Beach is 95 versus the index of 100 in the US.
The local economy in Round Lake Beach consists of a number of businesses such as Ace Hardware, Pizza Hut and SuperCuts Hair Salon. There are also two larger supermarkets in town: Save-A-Lot and Walgreens. Additionally, Round Lake Beach offers several shopping centers including Gurnee Mills Mall and Six Flags Great America amusement park. Residents also enjoy outdoor activities like fishing at Grant Woods Forest Preserve or boating on nearby lakes such as Grayslake and Fox Lake.

Round Lake Beach (zip 60073) has an unemployment rate of 6.4%. The US average is 6.0%.

Round Lake Beach (zip 60073) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.

Tax Rates for Round Lake Beach (zip 60073)
- The Sales Tax Rate for Round Lake Beach (zip 60073) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Round Lake Beach (zip 60073) 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 Round Lake Beach (zip 60073)
- The average income of a Round Lake Beach (zip 60073) resident is $23,272 a year. The US average is $28,555 a year.
- The Median household income of a Round Lake Beach (zip 60073) resident is $83,566 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRound Lake Beach, IllinoisUnited States
  6.46
  -7.7%-6.2%
  32.8%33.5%
  7.5%6.2%
  5.0%4.6%
  $30,584$37,638
  $83,566$69,021
  $94,384$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.9%6.8%
  17.9%10.0%
  3.3%2.5%
  13.9%11.0%
  5.1%4.8%
  0.2%0.8%
  1.4%1.9%
  5.6%4.7%
  1.5%1.9%
  5.2%7.6%
  0.1%0.1%
  7.9%4.2%
  6.5%9.3%
  10.0%14.0%
  1.7%2.1%
  6.7%7.0%
  5.4%4.8%
  1.5%4.7%
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