Zip 62059 (Brooklyn, IL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Brooklyn, IL is a small town located in the northeastern part of the state. The area has an estimated population of 62059 and is known for its family-friendly atmosphere and fairly low cost of living. The 2 Bedroom Rent in Brooklyn is $880 compared to the US average of $1430, making it an affordable option for those looking for an affordable lifestyle. Similarly, grocery costs are significantly lower in Brooklyn with an index score of 88 compared to 100 in the US overall. This makes Brooklyn an attractive place to live for people looking to save money on their living expenses. Popular local companies include Trivento Plastics and Supply, a plastics manufacturer; Agri-Trust, Inc., a farming equipment supplier; Brookwood Bakery, a local bakery; and Anderson's Furniture Store, a furniture store that offers quality items at competitive prices.

Brooklyn (zip 62059) has an unemployment rate of 6.7%. The US average is 6.0%.

Brooklyn (zip 62059) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Brooklyn (zip 62059)
- The Sales Tax Rate for Brooklyn (zip 62059) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Brooklyn (zip 62059) 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 Brooklyn (zip 62059)
- The average income of a Brooklyn (zip 62059) resident is $24,929 a year. The US average is $37,638 a year.
- The Median household income of a Brooklyn (zip 62059) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrooklyn, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.