Davis Junction is an unincorporated community located in Ogle County, Illinois. It is known for its small-town atmosphere and local businesses such as Davis Junction Auto Parts, Davis Junction Lawn Care and Snow Removal Service, Davis Junction Hardware Store and Home Supply, Davis Junction Carpet Cleaners and many more. The 2 bedroom rent in this area costs $1,160 compared to the US average of $1,430 while the Grocery Cost Index is 92 versus 100 in the US. Despite this relatively lower cost of living residents of Davis Junction still get to enjoy all the benefits of living in a small town.
Davis Junction (zip 61020) has an unemployment rate of 6.3%. The US average is 6.0%.
Davis Junction (zip 61020) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Davis Junction (zip 61020)
- The Sales Tax Rate for Davis Junction (zip 61020) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Davis Junction (zip 61020) 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 Davis Junction (zip 61020)
- The average income of a Davis Junction (zip 61020) resident is $21,268 a year. The US average is $28,555 a year.
- The Median household income of a Davis Junction (zip 61020) resident is $77,321 a year. The US average is $69,021 a year.