Hinsdale, IL is a charming town located in the Western suburbs of Chicago. The cost of living is higher than average compared to the US as a whole with 2 bedroom rent averaging $2,100 and groceries costing 10% more than the national average. Despite its high cost of living, Hinsdale has become an attractive place to live due to its proximity to the city while still providing a safe and inviting atmosphere for families.
The town boasts many vibrant businesses such as KLM Fashion, Hinsdale Wine Shop & Bistro, Anything Goes Boutique, Imago Salon & Spa and many more. For those looking for outdoor activities you can find plenty at the Katherine Legge Memorial Lodge with its expansive nature trails or take a stroll downtown and enjoy some of the local eateries such as Falco's Pizza or Lou Malnati's. Hinsdale is truly a community full of vibrancy that offers something for everyone in the family.
Hinsdale has an unemployment rate of 5.4%. The US average is 6.0%.
Hinsdale 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 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Hinsdale
- The Sales Tax Rate for Hinsdale is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hinsdale 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 Hinsdale
- The average income of a Hinsdale resident is $114,121 a year. The US average is $37,638 a year.
- The Median household income of a Hinsdale resident is $224,185 a year. The US average is $69,021 a year.