Salary & Cost of Living in Glenview, IL
Glenview, IL: $49,553 median salary, cost of living index 89.7, $14.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$49,553
$24/hr
Cost of Living
89.7
US avg = 100
Minimum Wage
$14.00
per hour
Unemployment
3.9%
rate
Glenview, IL Overview
Population
47,580
Median Salary
$49,553
Average Salary
$55,499
Avg Commute
20 min
Median Home Price
$227,000
Median Rent
$932/mo
Job Growth
+0.6%
Sales Tax
6.25%
Glenview is located in Illinois with a population of 47,580. The median household salary is $49,553 per year ($24/hour), which is $9,831 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +0.6%.
Glenview Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Glenview, IL, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,401
$3,283.46/month · $1,515.44/biweekly · Effective Rate: 20.5%
Gross Pay
$49,553
Federal Tax
-$3,908
State Tax
-$2,453
Local Tax
$0
FICA
-$3,791
Net Pay
$39,401
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,129.42 | $49,553.00 |
| Federal Income Tax | -$325.66 | -$3,907.86 |
| Illinois State Tax (4.95%) | -$204.41 | -$2,452.87 |
| Social Security (6.2%) | -$256.02 | -$3,072.29 |
| Medicare (1.45%) | -$59.88 | -$718.52 |
| Net Take-Home Pay | $3,283.46 | $39,401.46 |
Salary Comparison: Glenview vs Other Cities
See how Glenview's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Glenview, IL | $49,553 | 89.7 | $55,243 |
| National Average | $59,384 | 100 | $59,384 |
| East Lansing, MI | $49,555 | 87.1 | $56,894 |
| Blue Springs, MO | $49,569 | 82 | $60,450 |
| San Juan, TX | $49,534 | 86.3 | $57,397 |
| Vallejo, CA | $49,512 | 125.3 | $39,515 |
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 Glenview
Glenview's cost of living index is 89.7 (national average = 100). Living in Glenview is 10.299999999999997% less expensive than the national average.
Median Home Price
$227,000
Median Monthly Rent
$932
Annual Rent Cost
$11,184
Your Salary's Purchasing Power
Your $39,401 annual take-home pay in Glenview has the purchasing power of approximately $43,926 in an average-cost US area. Your $49,553 salary stretches further here than in most US cities.
Top Industries in Glenview
Glenview's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $49,553.
Salary Tips for Glenview Workers
- Your salary goes further here. Glenview has a cost of living 10.299999999999997% below the national average. A salary of $49,553 here has the purchasing power of about $55,243 in an average-cost area.
- Research top industries. Glenview's top industries include Finance, Manufacturing, Technology. Targeting roles in these sectors can help you earn above the $49,553 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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Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Glenview, IL?
The median salary in Glenview, IL is $49,553 per year, or $24 per hour. The average salary is $55,499. This is $9,831 below the national median of $59,384.
What is the cost of living in Glenview, IL?
Glenview's cost of living index is 89.7 (national average = 100), meaning it is 10.299999999999997% less expensive compared to the national average. The median home price is $227,000 and the median monthly rent is $932.
What are the best industries in Glenview?
The top industries in Glenview, IL include Finance, Manufacturing, Technology. The city has a job growth rate of 0.6% and an unemployment rate of 3.9%. Workers in these industries often earn above the city's median salary of $49,553.
How does Glenview's salary compare to other cities?
Glenview's median salary of $49,553 is 16.6% below the national median of $59,384. However, when adjusted for cost of living (index: 89.7), the real purchasing power is approximately $55,243.
What is the minimum wage in Glenview, IL?
The minimum wage in Glenview, 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.