62045 Hamburg, IL is a small town located in Jo Daviess County. The median 2 bedroom rent is $830, which is much lower than the national average of $1,430. Grocery Cost Index in Hamburg is 95 versus 100 in the US. There are several local companies in the area such as LaForge Auto Group and Massbach Ridge Winery. LaForge Auto Group offers new and used cars, trucks and SUVs at competitive prices with great customer service. Massbach Ridge Winery specializes in making premium wines for customers to enjoy. They also offer tours and tastings for visitors so they can learn more about their wines.
Hamburg (zip 62045) has an unemployment rate of 5.2%. The US average is 6.0%.
Hamburg (zip 62045) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Hamburg (zip 62045)
- The Sales Tax Rate for Hamburg (zip 62045) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hamburg (zip 62045) 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 Hamburg (zip 62045)
- The average income of a Hamburg (zip 62045) resident is $26,544 a year. The US average is $37,638 a year.
- The Median household income of a Hamburg (zip 62045) resident is $62,778 a year. The US average is $69,021 a year.