61535 Groveland, IL is a small town in Woodford County with a population of about 3,000. It is home to several local companies including Groveland Pharmacy, The Keg Steakhouse & Bar, and Groveland Furniture. Visitors to the area can also enjoy a variety of attractions such as the Historic Old Town Hall Theater for live music shows, the McElroy Park Nature Trail for outdoor activities, and the historic downtown area that includes unique stores and eateries. In terms of housing costs, the average 2 bedroom rent in 61535 is $910 compared to the US average of $1,430. Additionally, its grocery cost index is 98 compared to 100 in the US overall.
Groveland (zip 61535) has an unemployment rate of 5.7%. The US average is 6.0%.
Groveland (zip 61535) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.
Tax Rates for Groveland (zip 61535)
- The Sales Tax Rate for Groveland (zip 61535) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Groveland (zip 61535) 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 Groveland (zip 61535)
- The average income of a Groveland (zip 61535) resident is $36,698 a year. The US average is $37,638 a year.
- The Median household income of a Groveland (zip 61535) resident is $120,566 a year. The US average is $69,021 a year.