Zip 61523 (Chillicothe, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Illinois / Peoria Metro Area / Peoria County / No City / Chillicothe (zip 61523)
61523 Chillicothe, IL is a peaceful town with an abundance of natural beauty and outdoor recreation activities. The two bedroom rent in the area is $920 which is more affordable than the US average of $1,430. The grocery cost index in 61523 Chillicothe, IL is 94 against 100 for the US. There are several local companies that have great presence in the area such as KFC, Walmart Supercenter and Dairy Queen providing employment opportunity to many residents. In addition there are other small businesses like banks, restaurants, cafes and shops that contribute to the local economy. The community of 61523 Chillicothe, IL consists of friendly people who enjoy quality life in safe neighborhoods while appreciating the nature that surrounds them.

Chillicothe (zip 61523) has an unemployment rate of 8.2%. The US average is 6.0%.

Chillicothe (zip 61523) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.

Tax Rates for Chillicothe (zip 61523)
- The Sales Tax Rate for Chillicothe (zip 61523) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Chillicothe (zip 61523) 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 Chillicothe (zip 61523)
- The average income of a Chillicothe (zip 61523) resident is $28,074 a year. The US average is $28,555 a year.
- The Median household income of a Chillicothe (zip 61523) resident is $65,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChillicothe, IllinoisUnited States
  8.26
  -7.5%-6.2%
  17.6%33.5%
  7.8%6.2%
  5.0%4.6%
  $34,826$37,638
  $65,571$69,021
  $82,132$85,028
  Population by Occupation
  1.9%1.2%
  0.1%0.5%
  6.4%6.8%
  16.2%10.0%
  1.4%2.5%
  9.5%11.0%
  1.6%4.8%
  0.7%0.8%
  3.4%1.9%
  5.3%4.7%
  0.3%1.9%
  4.5%7.6%
  2.0%0.1%
  3.1%4.2%
  6.1%9.3%
  20.0%14.0%
  0.5%2.1%
  7.4%7.0%
  5.1%4.8%
  4.4%4.7%
Health