The small town of Allendale, IL (zip code 62410) is an ideal place to live. It offers plenty of local amenities and a low cost of living. The average two-bedroom rent in the area is $780 per month, considerably lower than the US average of $1,430. Additionally, grocery costs are also relatively inexpensive. According to the Grocery Cost Index, costs in this area are 92 out of 100 compared to the nationwide average.
The town is home to several well-known companies such as Dynegy Midwest Generation which produces electricity from coal and natural gas, and Simmons Oil Refinery which produces motor oil for industrial use. Both businesses have been around for decades and offer job opportunities for locals. There are also many restaurants and stores in Allendale so you can get everything you need without having to leave town.
Overall, Allendale provides its citizens with a great quality of life at an affordable price point. With plenty of local businesses and amenities as well as a low cost of living, it’s no wonder why so many people call this small town home.
Allendale (zip 62410) has an unemployment rate of 5.1%. The US average is 6.0%.
Allendale (zip 62410) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Allendale (zip 62410)
- The Sales Tax Rate for Allendale (zip 62410) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Allendale (zip 62410) 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 Allendale (zip 62410)
- The average income of a Allendale (zip 62410) resident is $28,844 a year. The US average is $37,638 a year.
- The Median household income of a Allendale (zip 62410) resident is $75,469 a year. The US average is $69,021 a year.