61810 Allerton, IL is a small town located in Ford County with a population of less than 1,000 people. It is known for its natural beauty as it is surrounded by rolling hills and farmlands. The local economy is bolstered by businesses such as Abreu Grocery, Allerton Auto Parts, Allerton Country Store, and Allerton Lumber Company.
The cost difference in two-bedroom rent between Allerton, IL and the U.S. is quite significant; while two-bedroom rent in the US costs an average of $1,430 per month, a two-bedroom rental in Allerton costs only $880 on average - nearly 40% lower than the national average. This cost difference can likely be contributed to the low population size of 61810 Allerton which allows landlords to charge rents that are more affordable for locals and guests alike. Additionally, the town’s Grocery Cost Index (92) versus 100 in the US further emphasizes this cost difference as groceries are more accessible to residents despite their budget constraints.
Allerton (zip 61810) has an unemployment rate of 6.9%. The US average is 6.0%.
Allerton (zip 61810) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Allerton (zip 61810)
- The Sales Tax Rate for Allerton (zip 61810) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Allerton (zip 61810) 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 Allerton (zip 61810)
- The average income of a Allerton (zip 61810) resident is $27,183 a year. The US average is $37,638 a year.
- The Median household income of a Allerton (zip 61810) resident is $57,917 a year. The US average is $69,021 a year.