Cornell, IL is a great place to live with an estimated population of 61319 people. It offers affordable living options with 2 bedroom apartment rents at $850 compared to the US average of $1430. Grocery costs in Cornell are also quite reasonable with a cost index 93 compared to the 100 in the US. Local businesses within the area include Red Rooster Café, G&K Dry Cleaners, and The Church Street Wine Shoppe. Residents can also enjoy a number of recreational activities such as visiting the Hill Street Park, playing a round of golf at Seneca Golf Course, or attending events at the Cornell Community Center.
Cornell (zip 61319) has an unemployment rate of 5.8%. The US average is 6.0%.
Cornell (zip 61319) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Cornell (zip 61319)
- The Sales Tax Rate for Cornell (zip 61319) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cornell (zip 61319) 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 Cornell (zip 61319)
- The average income of a Cornell (zip 61319) resident is $32,681 a year. The US average is $37,638 a year.
- The Median household income of a Cornell (zip 61319) resident is $66,164 a year. The US average is $69,021 a year.