Elmwood Park, IL is a vibrant and diverse community located just outside of Chicago. The cost of living in Elmwood Park is lower than the national average, with 2-bedroom rents being approximately $1,370 compared to $1,430 for the US. Additionally, the grocery cost index in Elmwood Park is 98 compared to 100 nationally. Elmwood Park has many unique local businesses such as Thrift Cash & Carry Grocery Store. Other amenities include ample recreational areas for outdoor activities like Running Fox Nature Preserve and River Road Forest Preserve. There are also plenty of restaurants, cafes, and bars throughout the area that offer a variety of cuisines for all tastes.
Elmwood Park has an unemployment rate of 7.1%. The US average is 6.0%.
Elmwood Park has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Elmwood Park
- The Sales Tax Rate for Elmwood Park is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Elmwood Park is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Elmwood Park
- The average income of a Elmwood Park resident is $33,865 a year. The US average is $37,638 a year.
- The Median household income of a Elmwood Park resident is $68,833 a year. The US average is $69,021 a year.