Zip 60085 (Waukegan, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
60085 Waukegan, IL is a great place to live and work. With a 2 bedroom rent of $1,280 per month, it's much more affordable than the US average of $1,430. Grocery shopping in 60085 is also very cost effective as the Grocery Cost Index in the area is 94 compared to 100 in the US. There are many local businesses to explore within 60085 including the National Museum of Health & Medicine Chicago, Abbott Laboratories and Hospira Inc. Additionally there are excellent shopping centers like Gurnee Mills Mall and Six Flags Great America nearby for those looking for entertainment or leisure activities.

Waukegan (zip 60085) has an unemployment rate of 10.2%. The US average is 6.0%.

Waukegan (zip 60085) 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 30.5%, which is lower than the US average of 33.5%.

Tax Rates for Waukegan (zip 60085)
- The Sales Tax Rate for Waukegan (zip 60085) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Waukegan (zip 60085) 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 Waukegan (zip 60085)
- The average income of a Waukegan (zip 60085) resident is $16,717 a year. The US average is $28,555 a year.
- The Median household income of a Waukegan (zip 60085) resident is $54,239 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaukegan, IllinoisUnited States
  10.26
  -7.7%-6.2%
  30.5%33.5%
  8.5%6.2%
  5.0%4.6%
  $23,789$37,638
  $54,239$69,021
  $63,819$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  4.7%6.8%
  18.4%10.0%
  3.4%2.5%
  12.5%11.0%
  6.3%4.8%
  0.4%0.8%
  0.7%1.9%
  3.3%4.7%
  1.2%1.9%
  3.1%7.6%
  0.1%0.1%
  10.0%4.2%
  5.2%9.3%
  12.6%14.0%
  2.1%2.1%
  9.2%7.0%
  3.0%4.8%
  3.6%4.7%
Health