Zip 61740 (Flanagan, IL) Economy


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United States / Illinois / Pontiac Metro Area / Livingston County / No City / Flanagan (zip 61740)
Flanagan, IL is a small city located in Livingston County with a population of 61740. The median 2 bedroom rent in the area is $880, much lower than the national average of $1,430. Additionally, Flanagan boasts an affordable grocery cost index of 93 compared to the US average of 100. The town offers plenty for its citizens including several chain restaurants such as Applebees and Bob Evans plus local eateries like the Olde Hickory Inn and J&J Cafe. Notable attractions include local parks and lakes such as Twin Lakes Park, Coal City Park District Playground and Historic I&M Canal Trail while shoppers can find their ideal products at local stores like Dollar General or Family Dollar. With its picturesque landscape, Flanagan is sure to offer something for everyone.

Flanagan (zip 61740) has an unemployment rate of 5.8%. The US average is 6.0%.

Flanagan (zip 61740) 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 Flanagan (zip 61740)
- The Sales Tax Rate for Flanagan (zip 61740) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Flanagan (zip 61740) 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 Flanagan (zip 61740)
- The average income of a Flanagan (zip 61740) resident is $43,309 a year. The US average is $37,638 a year.
- The Median household income of a Flanagan (zip 61740) resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFlanagan, 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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