61847 Gifford, IL is a small rural town located in the Eastern part of Illinois. The two bedroom rent in this area is $880 which is much lower than the US average of $1,430. Additionally, the grocery cost index for 61847 Gifford, IL is 94 compared to 100 for the US as a whole. This means that you can expect to find groceries here at a lower price than the national average. \nLocal businesses that are available to residents include Fred’s Supermarket, a store that offers a variety of groceries and household items; Gifford Pharmacy, offering medications and supplements; Holly’s Hair Salon and Spa, providing haircuts and other beauty services; and Young’s Auto Parts, selling auto parts and accessories for cars and trucks. These businesses are just some of the many that serve 61847 Gifford, IL’s population.
Gifford (zip 61847) has an unemployment rate of 5.0%. The US average is 6.0%.
Gifford (zip 61847) has seen the job market decrease by -4.0% 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 Gifford (zip 61847)
- The Sales Tax Rate for Gifford (zip 61847) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Gifford (zip 61847) 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 Gifford (zip 61847)
- The average income of a Gifford (zip 61847) resident is $37,590 a year. The US average is $37,638 a year.
- The Median household income of a Gifford (zip 61847) resident is $72,857 a year. The US average is $69,021 a year.