Zip 61845 (Foosland, IL) Economy


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61845 Foosland, IL is a diverse city with plenty of activities to do and sights to explore. The average two bedroom rent in 61845 Foosland, IL is $880, which is significantly lower than the US average rent of $1,430. Additionally, grocery cost index in this area is 96 versus 100 in the US making it an affordable city to live in. There are many local companies that help make 61845 Foosland, IL an amazing place to live such as The Burger House which serves some of the best burgers in town or the local flower shop that offers beautiful arrangements for any occasion. For a more active lifestyle there are plenty of parks and trails throughout the city or you can take a stroll around downtown and check out the unique shops and restaurants. No matter what your interests may be, there’s something for everyone here in 61845 Foosland, IL!

Foosland (zip 61845) has an unemployment rate of 5.0%. The US average is 6.0%.

Foosland (zip 61845) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Foosland (zip 61845)
- The Sales Tax Rate for Foosland (zip 61845) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Foosland (zip 61845) 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 Foosland (zip 61845)
- The average income of a Foosland (zip 61845) resident is $26,533 a year. The US average is $28,555 a year.
- The Median household income of a Foosland (zip 61845) resident is $96,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoosland, IllinoisUnited States
  56
  -4.0%-6.2%
  30.2%33.5%
  7.5%6.2%
  5.0%4.6%
  $70,154$37,638
  $96,250$69,021
  $99,688$85,028
  Population by Occupation
  8.8%1.2%
  0.0%0.5%
  5.2%6.8%
  15.5%10.0%
  0.0%2.5%
  6.2%11.0%
  13.5%4.8%
  0.0%0.8%
  0.0%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.1%4.2%
  13.0%9.3%
  8.3%14.0%
  0.0%2.1%
  0.0%7.0%
  11.9%4.8%
  10.4%4.7%
Health