Genoa, Illinois, located in zip code 60135, is a great place to live. The average rent for a two bedroom apartment is $1,120 per month, which is significantly lower than the US average of $1,430. Grocery costs are also quite affordable compared to other areas - the Grocery Cost Index for Genoa is 98 versus 100 in the US. This makes it easier for residents of Genoa to save money on their everyday purchases. Additionally, there are many great local companies such as A & W Automotive Repair and Service Inc., The Dockside Bar & Grill, and Genoa Insurance Group that provide services and employment opportunities to the community. All in all, Genoa provides its citizens with an affordable cost of living benefit without sacrificing quality services or amenities.
Genoa (zip 60135) has an unemployment rate of 6.3%. The US average is 6.0%.
Genoa (zip 60135) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Genoa (zip 60135)
- The Sales Tax Rate for Genoa (zip 60135) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Genoa (zip 60135) 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 Genoa (zip 60135)
- The average income of a Genoa (zip 60135) resident is $41,572 a year. The US average is $37,638 a year.
- The Median household income of a Genoa (zip 60135) resident is $78,995 a year. The US average is $69,021 a year.