Zip 61417 (Berwick, IL) Economy


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United States / Illinois / No Metro Area / Warren County / No City / Berwick (zip 61417)
Berwick, IL (zip code 61417) is a small town in Knox County with a population of less than 650 people. It has an idyllic atmosphere with rural landscapes, rolling hills, and lush farmland. The median 2-bedroom rent in Berwick is $700 which is significantly lower than the US median at $1,430. The cost of living index for Berwick is 91 compared to 100 for the US overall, making it an affordable option for those looking for an affordable place to live. There are several local real estate companies such as Dave Bauer Real Estate and Ewing & Associates Real Estate who can assist prospective renters in finding a two-bedroom apartment near Berwick. Grocery stores like Hometown Market and Galesburg Super Store offer residents convenient access to quality products at competitive prices. All these factors contribute to Berwick being an ideal location for those looking to enjoy all the benefits that come with small-town living without breaking the bank.

Berwick (zip 61417) has an unemployment rate of 5.1%. The US average is 6.0%.

Berwick (zip 61417) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Berwick (zip 61417)
- The Sales Tax Rate for Berwick (zip 61417) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Berwick (zip 61417) 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 Berwick (zip 61417)
- The average income of a Berwick (zip 61417) resident is $21,526 a year. The US average is $28,555 a year.
- The Median household income of a Berwick (zip 61417) resident is $77,981 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBerwick, IllinoisUnited States
  5.16
  -7.3%-6.2%
  31.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $27,792$37,638
  $77,981$69,021
  $78,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.1%6.8%
  2.8%10.0%
  0.0%2.5%
  13.1%11.0%
  10.8%4.8%
  10.8%0.8%
  0.0%1.9%
  10.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.0%4.2%
  3.4%9.3%
  20.5%14.0%
  0.0%2.1%
  10.2%7.0%
  4.5%4.8%
  0.0%4.7%
Health