Galesburg, IL is a small city located in Knox County and the 61401 zip code. It is home to an estimated population of 32,000 residents. The average two-bedroom rent in Galesburg stands at $800 per month which is significantly lower than the US rate of $1,430 per month. The Grocery Cost Index for Galesburg is 91 compared to the US index of 100. Local companies include OSF St Mary Medical Center, a regional health care facility; Galesburg Animal Clinic, offering quality veterinary services; and Luxury Limousine Service that provides luxury transportation to local and out-of-town customers. There are also many shops such as Steel Bros Clothing Co., offering fashion for all ages; and Kellar's Lake Store, a convenience store with items ranging from fishing supplies to ice cream.
Galesburg (zip 61401) has an unemployment rate of 8.2%. The US average is 6.0%.
Galesburg (zip 61401) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Galesburg (zip 61401)
- The Sales Tax Rate for Galesburg (zip 61401) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Galesburg (zip 61401) 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 Galesburg (zip 61401)
- The average income of a Galesburg (zip 61401) resident is $25,587 a year. The US average is $37,638 a year.
- The Median household income of a Galesburg (zip 61401) resident is $41,612 a year. The US average is $69,021 a year.