Oswego, IL is a small suburban village located in Kendall County. It is approximately 40 miles southwest of Chicago and has a population of around 30,000 people. Oswego is known for its top rated schools and a strong sense of community. The cost of living in Oswego is affordable compared to the US as a whole; 2 bedroom rent is $1,200 versus $1,430 nationally while the grocery cost index is 102 versus 100 nationally. Major employers in Oswego include Caterpillar Inc., Pactiv Corporation, and Morningstar Inc. There are also numerous small businesses that serve the local community such as restaurants, farmers markets, bookstores, and movie theaters.
Oswego has an unemployment rate of 4.9%. The US average is 6.0%.
Oswego has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Oswego
- The Sales Tax Rate for Oswego is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Oswego is 5.0%. The US average is 4.6%.
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Income and Salaries for Oswego
- The average income of a Oswego resident is $42,024 a year. The US average is $37,638 a year.
- The Median household income of a Oswego resident is $106,790 a year. The US average is $69,021 a year.