Zip 61818 (Cerro Gordo, IL) Economy


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United States / Illinois / Champaign-Urbana Metro Area / Piatt County / No City / Cerro Gordo (zip 61818)
61818 Cerro Gordo, IL is an excellent place to live if you’re looking for a place with an affordable two bedroom rent of $890. Compared to the US Average which is $1,430, you'll definitely save money with this great deal. The local grocery cost index is 93 compared to the US average of 100, so you can be sure that prices here will be more budget-friendly than other cities.
As far as local companies in 61818 Cerro Gordo, IL there are numerous businesses and establishments that provide excellent services. Some examples are O'Hara Construction Co., Fagen Sanitation & Excavation Services, R&R Electric Inc., Ebert Plumbing Systems LLC and many others.
Residents of 61818 Cerro Gordo, IL also have access to various amenities such as schools, banks, shopping centers, restaurants and parks. There are several recreational activities available such as golfing at Bass Lake Golf Course and camping at Kickapoo State Park. Additionally, there is easy access to medical services in nearby towns like Monticello and Decatur. All these make 61818 Cerro Gordo an ideal place for those seeking a comfortable lifestyle without breaking the bank.

Cerro Gordo (zip 61818) has an unemployment rate of 4.3%. The US average is 6.0%.

Cerro Gordo (zip 61818) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Cerro Gordo (zip 61818)
- The Sales Tax Rate for Cerro Gordo (zip 61818) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cerro Gordo (zip 61818) 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 Cerro Gordo (zip 61818)
- The average income of a Cerro Gordo (zip 61818) resident is $28,741 a year. The US average is $37,638 a year.
- The Median household income of a Cerro Gordo (zip 61818) resident is $55,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCerro Gordo, 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%
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    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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