Zip 60548 (Sandwich, IL) Economy


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Sandwich, IL is an ideal place to live for those looking for a good balance between cost of living and economic opportunity. The 2 bedroom rent here averages $1,270 per month, far lower than the US average of $1,430. The Grocery Cost Index in Sandwich is also very good at 99 versus 100 in the US.
The town is well known for its local businesses - such as Pizzaro's Italian Restaurant, Lisa's Boutique, and A Cut Above Hair Salon - that contribute to its friendly atmosphere. It is also home to Hudson Crossing Park with hiking trails and picnic areas that attract visitors from near and far. The population of 60548 Sandwich, IL was 17,140 in 2019 according to the US Census Bureau.

Sandwich (zip 60548) has an unemployment rate of 6.3%. The US average is 6.0%.

Sandwich (zip 60548) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Sandwich (zip 60548)
- The Sales Tax Rate for Sandwich (zip 60548) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sandwich (zip 60548) 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 Sandwich (zip 60548)
- The average income of a Sandwich (zip 60548) resident is $26,430 a year. The US average is $28,555 a year.
- The Median household income of a Sandwich (zip 60548) resident is $76,220 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandwich, IllinoisUnited States
  6.36
  -9.1%-6.2%
  30.7%33.5%
  7.3%6.2%
  5.0%4.6%
  $32,239$37,638
  $76,220$69,021
  $86,630$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  12.4%6.8%
  6.6%10.0%
  3.3%2.5%
  12.3%11.0%
  5.1%4.8%
  2.5%0.8%
  1.2%1.9%
  4.5%4.7%
  2.4%1.9%
  5.0%7.6%
  0.2%0.1%
  2.6%4.2%
  7.7%9.3%
  16.1%14.0%
  1.4%2.1%
  7.7%7.0%
  4.7%4.8%
  3.5%4.7%
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