Zip 61524 (Dunfermline, IL) Economy


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United States / Illinois / No Metro Area / Fulton County / No City / Dunfermline (zip 61524)
The median 2 bedroom rent in 61524 Dunfermline, Illinois is $930, which is significantly lower than the US median of $1,430. This can be advantageous for those on a budget in search of housing. Furthermore, the Grocery Cost Index in 61524 Dunfermline is 91 compared to 100 in the US making groceries more affordable for residents. Local companies in 61524 Dunfermline include JB Custom Carpentry & Remodeling Inc., Cloverhill Greenhouse, Dunfermline Feed Store Inc., and Missy's Garden Center & Floral Boutique. These businesses all contribute to the local economy while providing unique services to residents of 61524 Dunfermline. Therefore, when calculating the difference between the US and Dunfermline, Illinois one must take into account both the lower cost of living for housing options as well as lower prices for grocery items due to local business presence.

Dunfermline (zip 61524) has an unemployment rate of 6.6%. The US average is 6.0%.

Dunfermline (zip 61524) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.

Tax Rates for Dunfermline (zip 61524)
- The Sales Tax Rate for Dunfermline (zip 61524) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Dunfermline (zip 61524) 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 Dunfermline (zip 61524)
- The average income of a Dunfermline (zip 61524) resident is $28,961 a year. The US average is $37,638 a year.
- The Median household income of a Dunfermline (zip 61524) resident is $49,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDunfermline, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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