Located in Donovan, IL (Zipcode 60931), the average rent for a two-bedroom apartment is $750. This amount is significantly lower than the national average of $1,430, which makes an attractive option for those looking to maximize their housing budget. In addition to the cost savings, Donovan also offers a grocery cost index that is 92 compared to the US average of 100. This indicates that groceries are typically less expensive here than in other parts of the nation.
Donovan has a variety of local businesses that make up its unique culture. These include The Locker Room Sports Bar & Grill, Ryan's Place Pizza & Pub, and Thompson Automotive Repair & Tire Center. Each one provides locals with excellent products and services while contributing to the local economy.
Donovan (zip 60931) has an unemployment rate of 5.6%. The US average is 6.0%.
Donovan (zip 60931) 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 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Donovan (zip 60931)
- The Sales Tax Rate for Donovan (zip 60931) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Donovan (zip 60931) 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 Donovan (zip 60931)
- The average income of a Donovan (zip 60931) resident is $23,702 a year. The US average is $28,555 a year.
- The Median household income of a Donovan (zip 60931) resident is $44,821 a year. The US average is $69,021 a year.