Zip 61231 (Aledo, IL) Economy


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\n61231 Aledo, IL is a small town located in Mercer County. It is a great place to live and work, with plenty of local attractions and businesses. Companies such as Kieffer Bros., Aledo Ready Mix Co., and Tony's Italian Restaurant are just some of the many businesses in the area. Other attractions include the Rock Island Trail State Park, Bird Preserve State Natural Area, and the Fort Armstrong Theatre. The cost of living in 61231 Aledo, IL is lower than in other parts of the country – 2 bedroom rent is $850 compared to $1,430 nationally and grocery cost index is 93 versus 100 in the US. All these factors make 61231 Aledo, IL a great place for people looking for affordable living without sacrificing quality of life.

Aledo (zip 61231) has an unemployment rate of 6.4%. The US average is 6.0%.

Aledo (zip 61231) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Aledo (zip 61231)
- The Sales Tax Rate for Aledo (zip 61231) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Aledo (zip 61231) 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 Aledo (zip 61231)
- The average income of a Aledo (zip 61231) resident is $26,235 a year. The US average is $28,555 a year.
- The Median household income of a Aledo (zip 61231) resident is $54,548 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAledo, IllinoisUnited States
  6.46
  -8.0%-6.2%
  26.1%33.5%
  7.3%6.2%
  5.0%4.6%
  $29,067$37,638
  $54,548$69,021
  $76,844$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  10.3%6.8%
  12.9%10.0%
  1.6%2.5%
  13.3%11.0%
  5.6%4.8%
  0.0%0.8%
  1.3%1.9%
  7.1%4.7%
  0.6%1.9%
  2.0%7.6%
  0.0%0.1%
  2.3%4.2%
  7.7%9.3%
  14.5%14.0%
  0.9%2.1%
  6.0%7.0%
  6.2%4.8%
  4.7%4.7%
Health