The small town of Harmon, IL (zip code 61042) is a great place for renters looking for affordable housing. According to recent data, the average 2 Bedroom Rent in Harmon is $750, which is significantly lower than the national average of $1,430. The Grocery Cost Index in Harmon is also quite low at 94 compared to 100 in the US. Those looking to settle down in Harmon can enjoy the low cost of living and access to a variety of local companies that are perfect for shopping and entertainment. Some notable local businesses include Big T's BBQ & Catering, Wulf Brothers Dairy Store & Bakery, and G&S Heating & Air Conditioning. All these local companies offer unique products and services that make life in Harmon so enjoyable!
Harmon (zip 61042) has an unemployment rate of 5.2%. The US average is 6.0%.
Harmon (zip 61042) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Harmon (zip 61042)
- The Sales Tax Rate for Harmon (zip 61042) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Harmon (zip 61042) 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 Harmon (zip 61042)
- The average income of a Harmon (zip 61042) resident is $26,338 a year. The US average is $37,638 a year.
- The Median household income of a Harmon (zip 61042) resident is $54,167 a year. The US average is $69,021 a year.