Zip 61537 (Henry, IL) Economy


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United States / Illinois / Peoria Metro Area / Marshall County / No City / Henry (zip 61537)
Henry, IL (zipcode 61537) is a small town in Marshall County, which has a population of just under 700 people. Despite its size, it offers many amenities and local services to its residents. Rental prices here are lower than average with the current 2 bedroom rent being $770 compared to the US average of $1,430. Grocery costs are also relatively low here with the index being 93 compared to 100 in the US. Local businesses that can be found in Henry include The Bread Basket Bakery, Boonie's Steaks and Burgers, and Karr Auto Repair.

Henry (zip 61537) has an unemployment rate of 6.9%. The US average is 6.0%.

Henry (zip 61537) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.

Tax Rates for Henry (zip 61537)
- The Sales Tax Rate for Henry (zip 61537) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Henry (zip 61537) 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 Henry (zip 61537)
- The average income of a Henry (zip 61537) resident is $28,028 a year. The US average is $37,638 a year.
- The Median household income of a Henry (zip 61537) resident is $52,740 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenry, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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