Zip 61753 (Lexington, IL) Economy


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United States / Illinois / Bloomington Metro Area / McLean County / No City / Lexington (zip 61753)
Lexington, IL (zip code 61753) is an affordable place to live with a 2 bedroom rent of only $830. This is significantly cheaper than the US national average of rental prices at around $1,430. Additionally, grocery costs in Lexington are also cheaper than the national average, with an index score of 95 versus 100 in the US. Several local businesses in this area provide economical options for residents such as Kroger Grocery Store and Walmart Supercenter. These businesses offer competitive prices compared to the national average, making it easy for Lexington residents to save money while shopping.

Lexington (zip 61753) has an unemployment rate of 5.0%. The US average is 6.0%.

Lexington (zip 61753) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.

Tax Rates for Lexington (zip 61753)
- The Sales Tax Rate for Lexington (zip 61753) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 61753) 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 Lexington (zip 61753)
- The average income of a Lexington (zip 61753) resident is $34,678 a year. The US average is $28,555 a year.
- The Median household income of a Lexington (zip 61753) resident is $87,766 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLexington, IllinoisUnited States
  56
  -6.8%-6.2%
  22.9%33.5%
  6.8%6.2%
  5.0%4.6%
  $39,875$37,638
  $87,766$69,021
  $109,082$85,028
  Population by Occupation
  6.0%1.2%
  0.2%0.5%
  6.2%6.8%
  9.6%10.0%
  1.1%2.5%
  7.9%11.0%
  3.2%4.8%
  2.6%0.8%
  1.1%1.9%
  19.3%4.7%
  0.6%1.9%
  3.4%7.6%
  0.0%0.1%
  2.1%4.2%
  15.5%9.3%
  8.4%14.0%
  0.3%2.1%
  6.1%7.0%
  3.4%4.8%
  3.1%4.7%
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