61848 Henning, IL is an urban area located in Livingston County with a population of about 250 people. This small town has a 2 bedroom rent average of $770 which is much lower than the US average of $1430. Additionally, the Grocery Cost Index in 61848 Henning, IL is 90 versus 100 in the US so you can expect to pay 10% less for groceries. This makes 61848 Henning, IL an attractive place for those looking to save money on their cost of living. There are a few local businesses in the area such as Trendy Styles Boutique, Flora’s Hair Salon and Frito Lay Manufacturing Plant that offer employment opportunities for those who live in 61848 Henning, IL. These businesses provide local residents with an additional source of income to help cover their costs. All in all, 61848 Henning, IL offers low rent prices and lower grocery costs making it an ideal location for anyone looking to live comfortably without spending too much money.
Henning (zip 61848) has an unemployment rate of 6.9%. The US average is 6.0%.
Henning (zip 61848) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Henning (zip 61848)
- The Sales Tax Rate for Henning (zip 61848) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Henning (zip 61848) 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 Henning (zip 61848)
- The average income of a Henning (zip 61848) resident is $25,009 a year. The US average is $37,638 a year.
- The Median household income of a Henning (zip 61848) resident is $72,000 a year. The US average is $69,021 a year.