Zip 60087 (Waukegan, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
60087 Waukegan IL is an affordable and desirable place to live. The average two bedroom rent for this area is only $1,320 compared to the US average of $1,430. This offers families the opportunity to rent in a safe neighborhood and benefit from lower living costs. Similarly, the Grocery Cost Index in 60087 Waukegan IL stands at 95 versus 100 in the US which means groceries are much more affordable in this area than most places nationally.
In addition to being more affordable than other communities, 60087 Waukegan IL offers plenty of amenities and activities to occupy its residents. The nearby Gurnee Mills provides great shopping options while Six Flags Great America provides entertainment for all ages. Other attractions include numerous parks such as Prospect Park and Waukegan Harbor which provide outdoor recreation opportunities. There are also many local restaurants that offer delicious cuisine from around the world.
Overall, 60087 Waukegan IL is an ideal location with a good balance of affordability, accessibility, and amenities. It provides residents with the opportunity to enjoy a peaceful lifestyle while still having access to all modern conveniences.

Waukegan (zip 60087) has an unemployment rate of 10.2%. The US average is 6.0%.

Waukegan (zip 60087) 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 60087)
- The Sales Tax Rate for Waukegan (zip 60087) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Waukegan (zip 60087) 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 60087)
- The average income of a Waukegan (zip 60087) resident is $24,475 a year. The US average is $28,555 a year.
- The Median household income of a Waukegan (zip 60087) resident is $66,845 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%
  $27,292$37,638
  $66,845$69,021
  $68,465$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  19.3%10.0%
  3.6%2.5%
  12.3%11.0%
  4.9%4.8%
  0.9%0.8%
  1.2%1.9%
  3.2%4.7%
  0.4%1.9%
  3.1%7.6%
  0.0%0.1%
  9.2%4.2%
  6.4%9.3%
  11.3%14.0%
  1.2%2.1%
  9.2%7.0%
  3.3%4.8%
  5.1%4.7%
Health