Zip 61018 (Dakota, IL) Economy


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Dakota, IL is located in Stephenson County and has a population of 610. The 2 Bedroom Rent average for the city is $790 per month which is significantly lower than the US average of $1,430. Also, the grocery cost index in Dakota is 91 whereas it is 100 in the US on an average. There are many local companies that serve Dakota, such as John Paul’s Auto Parts & Repair, Carley’s Supermarket, Post Office Liquor Store and so on. These companies contribute to the strong economy of Dakota and help make it a great place to live and work.

Dakota (zip 61018) has an unemployment rate of 6.4%. The US average is 6.0%.

Dakota (zip 61018) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Dakota (zip 61018)
- The Sales Tax Rate for Dakota (zip 61018) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Dakota (zip 61018) 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 Dakota (zip 61018)
- The average income of a Dakota (zip 61018) resident is $31,382 a year. The US average is $28,555 a year.
- The Median household income of a Dakota (zip 61018) resident is $65,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDakota, IllinoisUnited States
  6.46
  -6.5%-6.2%
  32.0%33.5%
  6.8%6.2%
  5.0%4.6%
  $27,435$37,638
  $65,417$69,021
  $70,781$85,028
  Population by Occupation
  7.5%1.2%
  0.0%0.5%
  9.6%6.8%
  17.0%10.0%
  6.2%2.5%
  17.5%11.0%
  2.3%4.8%
  0.0%0.8%
  0.4%1.9%
  4.6%4.7%
  0.4%1.9%
  2.1%7.6%
  0.0%0.1%
  2.9%4.2%
  7.9%9.3%
  11.4%14.0%
  0.0%2.1%
  0.2%7.0%
  9.6%4.8%
  0.4%4.7%
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