Barry, IL is a great place to live with a cost of living index of 91. It's 2 bedroom rent is $710 which is much lower than the US average of $1,430. There are several local companies including Jones Motors Inc., Barry Milling Company Inc., and Barry IGA Foodliner that offer great employment opportunities for locals. There are also plenty of amenities available and there is no shortage of entertainment options in the area. The low cost of living and abundance of local resources make Barry, IL a great place to call home.
Barry (zip 62312) has an unemployment rate of 4.8%. The US average is 6.0%.
Barry (zip 62312) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Barry (zip 62312)
- The Sales Tax Rate for Barry (zip 62312) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Barry (zip 62312) 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 Barry (zip 62312)
- The average income of a Barry (zip 62312) resident is $25,848 a year. The US average is $37,638 a year.
- The Median household income of a Barry (zip 62312) resident is $58,098 a year. The US average is $69,021 a year.