Zip 60558 (Western Springs, IL) Economy


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60568 Western Springs, IL is a vibrant town with plenty of local businesses to enjoy. For those looking for an affordable place to live, 2 bedroom rent in this area is $2,210 – much lower than the national average of $1,430. Grocery cost index in this area is 105 versus 100 in the US as well. Popular local companies in 60568 Western Springs include Bellwood Coffee Roaster which serves delicious coffee and pastries; Mattress Firm which offers great deals on mattresses; BJ's Restaurant & Brewhouse which offers a unique mix of craft beers and menu options; and The Cheese Market which boasts over 200 varieties of gourmet cheeses from around the world. All of these companies offer great amenities for residents to enjoy.

Western Springs (zip 60558) has an unemployment rate of 8.4%. The US average is 6.0%.

Western Springs (zip 60558) has seen the job market decrease by -0.2% 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 Western Springs (zip 60558)
- The Sales Tax Rate for Western Springs (zip 60558) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Western Springs (zip 60558) 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 Western Springs (zip 60558)
- The average income of a Western Springs (zip 60558) resident is $61,790 a year. The US average is $28,555 a year.
- The Median household income of a Western Springs (zip 60558) resident is $196,638 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestern Springs, IllinoisUnited States
  8.46
  -9.4%-6.2%
  25.8%33.5%
  9.0%6.2%
  5.0%4.6%
  $86,977$37,638
  $196,638$69,021
  $208,599$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  1.9%6.8%
  6.7%10.0%
  3.8%2.5%
  5.0%11.0%
  1.5%4.8%
  0.2%0.8%
  1.1%1.9%
  18.0%4.7%
  3.5%1.9%
  18.4%7.6%
  0.1%0.1%
  2.8%4.2%
  12.4%9.3%
  12.3%14.0%
  3.1%2.1%
  1.9%7.0%
  2.4%4.8%
  4.9%4.7%
Health