German Valley, IL is a small community located in Ogle County with a total population of 61039 people. It's a great place to live for those looking for an affordable lifestyle, as the average two bedroom rent is $970 compared to the US average which is $1,430. The cost of groceries in German Valley is also lower, with a Grocery Cost Index of 92 versus 100 nationally.
German Valley has much to offer its residents. There are plenty of great local companies such as Anixter, Inc., Zilm Custom Cabinetry Inc., and Schlafly Farm Market & Garden Center that are proud members of the community. Outdoor enthusiasts can take advantage of nearby Macktown Living History Center or spend some time at Jameson Lake State Park for swimming and fishing fun. Other options include Buffalo Hill Golf Course, Lockharts Family Fun Acres Mini-Golf, and The Pier at Candlewick Lake Marina for even more recreational activities.
German Valley (zip 61039) has an unemployment rate of 6.4%. The US average is 6.0%.
German Valley (zip 61039) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for German Valley (zip 61039)
- The Sales Tax Rate for German Valley (zip 61039) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for German Valley (zip 61039) 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 German Valley (zip 61039)
- The average income of a German Valley (zip 61039) resident is $23,499 a year. The US average is $28,555 a year.
- The Median household income of a German Valley (zip 61039) resident is $69,167 a year. The US average is $69,021 a year.