Wadsworth, IL is a village located in Lake County with a population of 6,083. The average rent for a two-bedroom apartment in Wadsworth is $2,100, which is higher than the US average of $1,430. Additionally, the Grocery Cost Index in Wadsworth is 97 versus 100 when compared to the US average.
Wadsworth has many local businesses such as Southside Motors LLC that specializes in used car sales and repairs; Home Depot where customers can find the latest appliances and home décor; and Ace Hardware for all your hardware needs. There are also several restaurants including Taqueria El Rodeo II and La Spada Italian Restaurant. With a higher rent rate than the national average but lower grocery cost compared to other areas, Wadsworth provides residents with an affordable cost of living.
Wadsworth (zip 60083) has an unemployment rate of 6.4%. The US average is 6.0%.
Wadsworth (zip 60083) 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 Wadsworth (zip 60083)
- The Sales Tax Rate for Wadsworth (zip 60083) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wadsworth (zip 60083) 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 Wadsworth (zip 60083)
- The average income of a Wadsworth (zip 60083) resident is $40,732 a year. The US average is $28,555 a year.
- The Median household income of a Wadsworth (zip 60083) resident is $99,250 a year. The US average is $69,021 a year.