Zip 61422 (Bushnell, IL) Economy


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United States / Illinois / Macomb Metro Area / McDonough County / No City / Bushnell (zip 61422)
61422 Bushnell, IL is an area with a small population and is located in McDonough County. It offers a peaceful living experience for those looking to stay away from the city. The 2 bedroom rent cost in this area is $700, which is significantly lower than the US average of $1,430. Additionally, groceries cost index in Bushnell are 90 versus 100 in the US. This indicates that the cost of living in Bushnell is relatively lower than other areas. The town has few local companies such as Raymond Cattle Company Ltd., Virden Grain Co., and Oldham & Hall Crop Consulting Inc.. All these businesses provide employment opportunities to the locals at competitive wages.

Bushnell (zip 61422) has an unemployment rate of 5.3%. The US average is 6.0%.

Bushnell (zip 61422) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Bushnell (zip 61422)
- The Sales Tax Rate for Bushnell (zip 61422) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Bushnell (zip 61422) 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 Bushnell (zip 61422)
- The average income of a Bushnell (zip 61422) resident is $19,063 a year. The US average is $28,555 a year.
- The Median household income of a Bushnell (zip 61422) resident is $55,793 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBushnell, IllinoisUnited States
  5.36
  -7.4%-6.2%
  16.6%33.5%
  8.5%6.2%
  5.0%4.6%
  $26,377$37,638
  $55,793$69,021
  $59,036$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.2%6.8%
  21.5%10.0%
  4.8%2.5%
  12.4%11.0%
  4.6%4.8%
  1.1%0.8%
  0.0%1.9%
  4.0%4.7%
  1.3%1.9%
  3.7%7.6%
  0.7%0.1%
  2.0%4.2%
  9.9%9.3%
  13.0%14.0%
  0.5%2.1%
  9.7%7.0%
  3.5%4.8%
  3.7%4.7%
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