The 2 bedroom rent in 60551 Sheridan, IL is $1,540. This is slightly higher than the US average of $1,430. The grocery cost index in 60551 Sheridan, IL is 98 which is also lower than the US average of 100. There are several local businesses that offer affordable prices for goods and services throughout the area. For example, Walmart offers groceries at competitive prices. Target has discounted clothing and household items that can fit any budget. Another great place to shop for everyday necessities is Aldi which offers many name-brand products for low prices. All these companies provide quality products without breaking the bank in 60551 Sheridan, IL.
Sheridan (zip 60551) has an unemployment rate of 7.3%. The US average is 6.0%.
Sheridan (zip 60551) has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Sheridan (zip 60551)
- The Sales Tax Rate for Sheridan (zip 60551) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sheridan (zip 60551) 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 Sheridan (zip 60551)
- The average income of a Sheridan (zip 60551) resident is $27,192 a year. The US average is $37,638 a year.
- The Median household income of a Sheridan (zip 60551) resident is $74,367 a year. The US average is $69,021 a year.