Zip 60111 (Clare, IL) Economy


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Clare, IL is a city in McHenry County with a population of around 781 people. The median 2 bedroom rent here is $1,070 which is significantly lower than the national rate of $1,430. Additionally, the Grocery Cost Index in Clare is 102 versus 100 in the US providing an affordable cost of living.
Clare is home to numerous local businesses such as D&D Automotive Repair, McGrath Landscaping and Nursery, and DeGraffs Tire & Battery Service. There are also plenty of amenities offered in Clare such as the Lion’s Park complete with a playground and sports fields as well as the Kerry Kelley Nature Preserve which spans over twenty acres of land that offers trails for biking and walking.

Clare (zip 60111) has an unemployment rate of 6.3%. The US average is 6.0%.

Clare (zip 60111) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Clare (zip 60111)
- The Sales Tax Rate for Clare (zip 60111) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Clare (zip 60111) 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 Clare (zip 60111)
- The average income of a Clare (zip 60111) resident is $38,311 a year. The US average is $28,555 a year.
- The Median household income of a Clare (zip 60111) resident is $104,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClare, IllinoisUnited States
  6.36
  -9.1%-6.2%
  30.7%33.5%
  6.3%6.2%
  5.0%4.6%
  $100,334$37,638
  $104,063$69,021
  $209,792$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  20.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  35.7%7.6%
  0.0%0.1%
  0.0%4.2%
  37.1%9.3%
  7.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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