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Cook County · Illinois · Midwest · 35k residents

Calumet City, IL: economy, jobs & business costs

The site-selection read on Calumet City: labor costs, talent, corporate tax, energy, and business activity, with the Illinois median as the yardstick. Compare it live against any of 3,000 US cities.

Data coverage: ACS place data; supplementary fields may use state estimates.

Average weekly wages in the surrounding labor market run $1,740/wk. Illinois's corporate income tax rate is 9.5%. Commercial electricity averages 11.8¢/kWh.

Compare Calumet City side by side

Avg. weekly wage

$1,740/wk

lower than 13% of US cities

Corporate income tax

9.5%

lower than 10% of US cities

Bachelor's degree or higher

21.4%

45% vs state medianhigher than 18% of US cities

Commercial electricity

11.8¢/kWh

≈ US median

Economic momentum

How fast Calumet City's economy is moving, ranked against the US cities we track.

76/100

Heating

Jobs: +1.1% (top 24%)
Momentum rising · +58 over 4 yr

Ranks Calumet City's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.

All facets · Calumet City
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Real listings in Calumet City

LoopNetCrexiCommercialCafe

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Questions & answers
Is Calumet City a good place to run a business?
Illinois's corporate income tax rate is 9.5%; average weekly wages in the surrounding labor market run $1,740/wk; commercial electricity averages 11.8¢/kWh. Weigh these against your own priorities in the business comparison tool.
What is the cost of living in Calumet City, IL?
Calumet City indexes at 83 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,151/mo and a acs median home value of $145,200.
How much does a house cost in Calumet City?
The acs median home value in Calumet City is $145,200 (Census ACS estimate; individual listings vary).
How much is rent in Calumet City?
A two-bedroom in Calumet City rents for about $1,151/mo.