60501 Summit, IL is a great place to live with plenty of local amenities. For those looking for rental accommodation close to the city center, 2 bedroom rents in 60501 Summit, IL are around $1,050 which is much lower than the U.S. average of $1,430. Grocery cost index in 60501 Summit, IL is also lower at 95 compared to 100 in the US.
Popular local companies in 60501 Summit include World Class Exteriors, Exquisite Interiors and Home Solutions Plus among others. If you’re looking for a fun time, you can check out nearby attractions like the Brookfield Zoo or Riverside Pool & Splash Pad Park. There are also several restaurants and cafes located within minutes from 60501 Summit that offer delicious food options.
Summit (zip 60501) has an unemployment rate of 8.4%. The US average is 6.0%.
Summit (zip 60501) 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 Summit (zip 60501)
- The Sales Tax Rate for Summit (zip 60501) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Summit (zip 60501) 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 Summit (zip 60501)
- The average income of a Summit (zip 60501) resident is $22,409 a year. The US average is $37,638 a year.
- The Median household income of a Summit (zip 60501) resident is $52,276 a year. The US average is $69,021 a year.