Schaumburg, IL 60195 is a great place to live with plenty of job opportunities, amenities, and a low cost of living. The two-bedroom rent in Schaumburg is $1,760, which is lower than the US median of $1,430. The local grocery cost index in Schaumburg stands at 95 versus 100 in the United States. Plus, there are many well-known companies located right in the area such as Motorola Solutions, Woodfield Mall Shopping Center and Zurich North America headquarters. Additionally, nearby attractions such as Legoland Discovery Centre Chicago make Schaumburg an ideal city to work and live.
Schaumburg (zip 60195) has an unemployment rate of 5.3%. The US average is 6.0%.
Schaumburg (zip 60195) 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 27.9%, which is lower than the US average of 33.5%.
Tax Rates for Schaumburg (zip 60195)
- The Sales Tax Rate for Schaumburg (zip 60195) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Schaumburg (zip 60195) 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 Schaumburg (zip 60195)
- The average income of a Schaumburg (zip 60195) resident is $42,271 a year. The US average is $37,638 a year.
- The Median household income of a Schaumburg (zip 60195) resident is $79,385 a year. The US average is $69,021 a year.