Overview
Niles is a village in Cook County, Illinois, on the north side of the Chicagoland area and west of Evanston. Its small-town atmosphere and proximity to major cities have made it an attractive option to retirees.
Climate & Geography
The climate in Niles is classified as humid continental, which means the village experiences all four seasons with summers that are hot and humid, and winters that are long, cold, and snowy. Residents can expect higher-than-average snowfall, slightly less-than-average rainfall, and approximately 190 sunny days throughout each year.
As part of the Great Lakes Plains region, Niles is built on low, flat land. Although there are many large greenspaces and nature preserves nearby, the surrounding terrain is primarily suburban, residential neighborhoods.
Recreation, Culture & Entertainment
Niles is home to a tight-knit neighborly feel, which is due to its quaint downtown where residents can find a number of local shops, restaurants, and breweries. Niles is also home to a few large shopping outlets and malls, including Assi Plaza and Golf Mill Shopping Center. Some of the more famous historical sites in the village are the Leaning Towers of Niles and the Illinois Holocaust Museum & Education Center.
For even more shopping, dining, and entertainment options, residents can visit the city of Chicago, which is easily accessible via car or public transit.
Cost of Living & Taxes
The overall cost of living in Niles is higher than the state and national average. This is due to the high cost of homes, housing, and transportation. However, health care, grocery, and utility costs are all below average.
Illinois is considered tax friendly for most retirees. All forms of retirement income—Social Security benefits, pensions, and retirement savings accounts—are exempt from state income tax. Property taxes are the second highest in the nation, however to help offset this cost there is a general homestead exemption available to all homeowners, as well as an additional senior homestead exemption for residents who are 65+.
Health Care
Niles is within 10 miles of eight hospitals and medical centers that are highly rated by U.S News. Two of these are nationally ranked: NorthShore University HealthSystem-Metro Chicago and Advocate Lutheran General Hospital.