61850 Indianola, IL is a small town located in McDonough County with a population of 627. It is conveniently located close to the cities of Macomb and Monmouth and approximately 2 hours away from Chicago and St. Louis. The average two bedroom rent in the town is $770 which is significantly cheaper than the US average of $1,430 for the same size apartment. Furthermore, grocery costs are lower too with comparison to the national index with 91 versus 100 in the US.
Indianola has some terrific local attractions for its residents to enjoy such as The Little Theatre on the Square which offers live performances throughout the year, The Historic Nauvoo Tour which takes visitors on an educational tour of important sites in the city's history, and Clinton Lake State Recreation Area where outdoor enthusiasts can explore nature and relax by the lake. Additionally, there are several small businesses within walking distance from each other such as Indianola Auto Repair, Country Groceries Store, and Steve's Farm Equipment Supply.
Indianola (zip 61850) has an unemployment rate of 6.9%. The US average is 6.0%.
Indianola (zip 61850) 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 Indianola (zip 61850)
- The Sales Tax Rate for Indianola (zip 61850) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Indianola (zip 61850) 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 Indianola (zip 61850)
- The average income of a Indianola (zip 61850) resident is $21,821 a year. The US average is $37,638 a year.
- The Median household income of a Indianola (zip 61850) resident is $49,000 a year. The US average is $69,021 a year.