Zip 61814 (Bismarck, IL) Economy


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United States / Illinois / Danville Metro Area / Vermilion County / No City / Bismarck (zip 61814)
Bismarck, IL is a small town located in Franklin County with an estimated population of 61814. It offers affordable rent for 2 bedroom homes at only $960 compared to the US average of $1,430. This town also has a Grocery Cost Index of 92, much lower than the US average of 100. For those looking for a low cost location to live and work, Bismarck is an excellent option.
The town is full of local businesses that offer a variety of services and products. Local companies include Bismarck Family Restaurant, Bismarck Supercenter, Carter's Automotive Repair and more. For entertainment and leisure activities, there are several parks around Bismarck such as Veteran’s Memorial Park and Willow Creek Park which provide excellent outdoor recreation opportunities. There are also plenty of educational opportunities for students as well as many local libraries to explore. These features make Bismarck an attractive place to call home.

Bismarck (zip 61814) has an unemployment rate of 6.9%. The US average is 6.0%.

Bismarck (zip 61814) 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 Bismarck (zip 61814)
- The Sales Tax Rate for Bismarck (zip 61814) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bismarck (zip 61814) 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 Bismarck (zip 61814)
- The average income of a Bismarck (zip 61814) resident is $29,009 a year. The US average is $37,638 a year.
- The Median household income of a Bismarck (zip 61814) resident is $62,426 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBismarck, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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