Zip 61010 (Byron, IL) Economy


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United States / Illinois / Rochelle Metro Area / Ogle County / No City / Byron (zip 61010)
Byron, IL is a small town in Ogle County with a population of 1,841. The 2 Bedroom rent in Byron, IL is $870 compared to the US average of $1,430 making it an affordable place to live. Additionally, Byron has a Grocery Cost Index of 93 versus 100 in the US making groceries cost less than the national average. Local companies include Insight Builders LLC which offers construction services, Seneca Farms Inc for produce needs, and Everett Exteriors & Home Improvements offering home remodeling services. There are also many parks and recreational areas such as Rock River Park and Nelson Park Recreation Trail for outdoor activities.

Byron (zip 61010) has an unemployment rate of 6.3%. The US average is 6.0%.

Byron (zip 61010) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Byron (zip 61010)
- The Sales Tax Rate for Byron (zip 61010) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Byron (zip 61010) 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 Byron (zip 61010)
- The average income of a Byron (zip 61010) resident is $38,666 a year. The US average is $37,638 a year.
- The Median household income of a Byron (zip 61010) resident is $76,981 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyByron, 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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