Zip 60118 (West Dundee, IL) Economy


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West Dundee, IL, is a thriving town located in the 60118 zip code area. It has plenty of opportunities for employment, with many local businesses in the area such as Motorola Solutions, Dickie's Truck Parts, and Fondaco Construction. The median 2 bedroom rent price in West Dundee is $1,570 which is slightly higher than the US median 2 bedroom rent price of $1,430. Additionally, the Grocery Cost Index is 98 versus 100 in the US meaning that groceries are slightly more affordable than average nationally. With its vibrant economy and attractive pricing structure for living expenses it’s easy to see why West Dundee is a desirable place to live.

West Dundee (zip 60118) has an unemployment rate of 7.1%. The US average is 6.0%.

West Dundee (zip 60118) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for West Dundee (zip 60118)
- The Sales Tax Rate for West Dundee (zip 60118) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for West Dundee (zip 60118) 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 West Dundee (zip 60118)
- The average income of a West Dundee (zip 60118) resident is $50,944 a year. The US average is $37,638 a year.
- The Median household income of a West Dundee (zip 60118) resident is $98,380 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Dundee, IllinoisUnited States
  7.16
  -9.1%-6.2%
  30.1%33.5%
  8.5%6.2%
  5.0%4.6%
  $50,944$37,638
  $98,380$69,021
  $114,450$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.4%6.8%
  11.8%10.0%
  3.1%2.5%
  12.6%11.0%
  4.7%4.8%
  0.4%0.8%
  2.3%1.9%
  5.2%4.7%
  3.1%1.9%
  9.3%7.6%
  0.2%0.1%
  3.8%4.2%
  12.0%9.3%
  9.2%14.0%
  3.8%2.1%
  4.7%7.0%
  2.8%4.8%
  3.6%4.7%
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