Salary & Cost of Living in Downers Grove, IL
Downers Grove, IL: $48,194 median salary, cost of living index 84.3, $14.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$48,194
$23/hr
Cost of Living
84.3
US avg = 100
Minimum Wage
$14.00
per hour
Unemployment
5.2%
rate
Downers Grove, IL Overview
Population
49,670
Median Salary
$48,194
Average Salary
$53,977
Avg Commute
18 min
Median Home Price
$258,000
Median Rent
$1,057/mo
Job Growth
+1.3%
Sales Tax
6.25%
Downers Grove is located in Illinois with a population of 49,670. The median household salary is $48,194 per year ($23/hour), which is $11,190 below the national median of $59,384. The average commute time is 18 minutes, and the city has a job growth rate of +1.3%.
Downers Grove Salary by Experience Level (2026)
Wage distribution in Downers Grove, IL based on BLS percentile breakdown of the $48,194 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $29,880 | $14.37/hr | 0–2 years |
| Mid-Level (Median) | $48,194 | $23.17/hr | 3–7 years |
| Senior-Level | $68,435 | $32.90/hr | 8–15 years |
| Top 10% (90th Percentile) | $85,785 | $41.24/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Downers Grove Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Downers Grove, IL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$38,377
$3,198.06/month · $1,476.03/biweekly · Effective Rate: 20.4%
Gross Pay
$48,194
Federal Tax
-$3,745
State Tax
-$2,386
Local Tax
$0
FICA
-$3,687
Net Pay
$38,377
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,016.17 | $48,194.00 |
| Federal Income Tax | -$312.07 | -$3,744.78 |
| Illinois State Tax (4.95%) | -$198.80 | -$2,385.60 |
| Social Security (6.2%) | -$249.00 | -$2,988.03 |
| Medicare (1.45%) | -$58.23 | -$698.81 |
| Net Take-Home Pay | $3,198.06 | $38,376.78 |
Salary Comparison: Downers Grove vs Other Cities
See how Downers Grove's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Downers Grove, IL | $48,194 | 84.3 | $57,170 |
| National Average | $59,384 | 100 | $59,384 |
| Wauwatosa, WI | $48,192 | 85.7 | $56,233 |
| Sunrise, FL | $48,190 | 95.2 | $50,620 |
| Abington, PA | $48,206 | 96.9 | $49,748 |
| Delaware, OH | $48,181 | 81.1 | $59,409 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Downers Grove
Downers Grove's cost of living index is 84.3 (national average = 100). Living in Downers Grove is 15.700000000000003% less expensive than the national average.
Median Home Price
$258,000
Median Monthly Rent
$1,057
Annual Rent Cost
$12,684
Your Salary's Purchasing Power
Your $38,377 annual take-home pay in Downers Grove has the purchasing power of approximately $45,524 in an average-cost US area. Your $48,194 salary stretches further here than in most US cities.
Top Industries in Downers Grove
Downers Grove's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $48,194.
Salary Tips for Downers Grove Workers
- Your salary goes further here. Downers Grove has a cost of living 15.700000000000003% below the national average. A salary of $48,194 here has the purchasing power of about $57,170 in an average-cost area.
- Research top industries. Downers Grove's top industries include Finance, Manufacturing, Technology. Targeting roles in these sectors can help you earn above the $48,194 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Downers Grove, IL?
The median salary in Downers Grove, IL is $48,194 per year, or $23 per hour. The average salary is $53,977. This is $11,190 below the national median of $59,384.
What is the cost of living in Downers Grove, IL?
Downers Grove's cost of living index is 84.3 (national average = 100), meaning it is 15.700000000000003% less expensive compared to the national average. The median home price is $258,000 and the median monthly rent is $1,057.
What are the best industries in Downers Grove?
The top industries in Downers Grove, IL include Finance, Manufacturing, Technology. The city has a job growth rate of 1.3% and an unemployment rate of 5.2%. Workers in these industries often earn above the city's median salary of $48,194.
How does Downers Grove's salary compare to other cities?
Downers Grove's median salary of $48,194 is 18.8% below the national median of $59,384. However, when adjusted for cost of living (index: 84.3), the real purchasing power is approximately $57,170.
What is the minimum wage in Downers Grove, IL?
The minimum wage in Downers Grove, IL is $14.00 per hour. This equals approximately $29,120 per year for a full-time worker (40 hours/week). This is $6.75 above the federal minimum wage of $7.25/hour.