Zip 60506 (Aurora, IL) Economy


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Aurora, IL is a great place to live for those seeking an affordable home. Located in the zip code 60506, the average two bedroom rent is only $1,400 per month making it much cheaper than the US average of $1,430. Additionally, Aurora offers a lower cost of living as evidenced by its grocery cost index which is 96 compared to 100 in the US. Moreover, there are plenty of local companies and amenities in Aurora that make it an appealing location to live. For those seeking employment, some major employers include Rush Copley Medical Center, Waubonsee Community College and Amazon.com Fulfillment Center. When not working, residents of Aurora can enjoy their free time at numerous local parks such as RiverEdge Park and Blackberry Farm; or visit attractions like the Paramount Theater or Phillips Park Zoo for entertainment.

Aurora (zip 60506) has an unemployment rate of 6.8%. The US average is 6.0%.

Aurora (zip 60506) 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 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Aurora (zip 60506)
- The Sales Tax Rate for Aurora (zip 60506) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Aurora (zip 60506) 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 Aurora (zip 60506)
- The average income of a Aurora (zip 60506) resident is $23,230 a year. The US average is $28,555 a year.
- The Median household income of a Aurora (zip 60506) resident is $66,867 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAurora, IllinoisUnited States
  6.86
  -9.2%-6.2%
  29.2%33.5%
  8.3%6.2%
  5.0%4.6%
  $29,885$37,638
  $66,867$69,021
  $78,418$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.4%6.8%
  16.8%10.0%
  3.9%2.5%
  12.9%11.0%
  6.1%4.8%
  1.3%0.8%
  1.6%1.9%
  4.9%4.7%
  1.5%1.9%
  3.3%7.6%
  0.0%0.1%
  7.8%4.2%
  6.7%9.3%
  9.2%14.0%
  1.9%2.1%
  9.1%7.0%
  3.9%4.8%
  2.3%4.7%
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