Zip 61734 (Delavan, IL) Economy


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United States / Illinois / Peoria Metro Area / Tazewell County / No City / Delavan (zip 61734)
61734 Delavan, IL is an ideal place for anyone looking for affordable rent and grocery costs. With a two-bedroom rent of only $810, it's much less than the US average of $1,430. Additionally, the Grocery Cost Index in 61734 Delavan, IL is 93 compared to 100 in the US. There are numerous companies in 61734 Delavan, IL such as Wornick Foods Corporation, Diversified Metal Products and Logicor Incorporated. These companies provide a variety of jobs for people in the area. Additionally, there are over 30 parks and recreation areas in 61734 Delavan, IL making it an idyllic place to live with plenty of opportunities for outdoor activities. All these features make 61734 Delavan, IL a great place to live.

Delavan (zip 61734) has an unemployment rate of 5.7%. The US average is 6.0%.

Delavan (zip 61734) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Delavan (zip 61734)
- The Sales Tax Rate for Delavan (zip 61734) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Delavan (zip 61734) 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 Delavan (zip 61734)
- The average income of a Delavan (zip 61734) resident is $26,840 a year. The US average is $28,555 a year.
- The Median household income of a Delavan (zip 61734) resident is $65,655 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDelavan, IllinoisUnited States
  5.76
  -7.5%-6.2%
  19.4%33.5%
  6.8%6.2%
  5.0%4.6%
  $30,302$37,638
  $65,655$69,021
  $68,929$85,028
  Population by Occupation
  5.1%1.2%
  0.0%0.5%
  8.0%6.8%
  14.5%10.0%
  3.5%2.5%
  12.8%11.0%
  5.1%4.8%
  1.2%0.8%
  1.7%1.9%
  3.5%4.7%
  0.3%1.9%
  1.8%7.6%
  0.0%0.1%
  1.6%4.2%
  9.0%9.3%
  14.0%14.0%
  1.4%2.1%
  10.0%7.0%
  4.7%4.8%
  1.7%4.7%
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