Industry, IL is a small town in McDonough County with a population of 61440 people. It's known for its agricultural industry and its annual fairs and festivals. The 2 bedroom rent in Industry is $710 which is significantly cheaper compared to the average US rental cost of $1,430. Though costs may be lower than most urban areas, it does not mean that residents will have to compromise on quality as there are plenty of local businesses to choose from. Popular stores include Main Street Mart, Super Foods Stores, R & B Department Store, Paul’s Marketplace and Stonecreek Hardware Store. Furthermore, grocery cost index in Industry stands at 91 versus 100 in the US, making it an additional economic benefit for residents living in this area. All these features make Industry an attractive destination for people looking for affordable yet quality living options.
Industry (zip 61440) has an unemployment rate of 5.3%. The US average is 6.0%.
Industry (zip 61440) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Industry (zip 61440)
- The Sales Tax Rate for Industry (zip 61440) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Industry (zip 61440) 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 Industry (zip 61440)
- The average income of a Industry (zip 61440) resident is $26,101 a year. The US average is $37,638 a year.
- The Median household income of a Industry (zip 61440) resident is $58,125 a year. The US average is $69,021 a year.