Zip 61851 (Ivesdale, IL) Economy


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The small village of Ivesdale, IL (zip code 61851) is a rural area with a population of about 200 people. The 2 bedroom rent in Ivesdale is $920 - well below the national average of $1,430. Grocery costs are also lower in Ivesdale, with a Grocery Cost Index of 93 compared to the US average of 100. Living in Ivesdale can be quite affordable compared to other areas.
The small town has plenty to offer for those who appreciate nature and the peacefulness of rural life. There are several local companies close by where you can shop for supplies such as Maynard’s Variety Store & Hardware and Ivesdale Lumber & Supply Co. You can also enjoy some delicious home cooked meals at one of the many cafes such as The Country Cafe or the Village Pub & Grill. With low rental prices, grocery costs and other amenities like nature right outside your doorstep, it's easy to see why so many people choose to call Ivesdale their home.

Ivesdale (zip 61851) has an unemployment rate of 5.0%. The US average is 6.0%.

Ivesdale (zip 61851) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Ivesdale (zip 61851)
- The Sales Tax Rate for Ivesdale (zip 61851) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Ivesdale (zip 61851) 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 Ivesdale (zip 61851)
- The average income of a Ivesdale (zip 61851) resident is $43,137 a year. The US average is $37,638 a year.
- The Median household income of a Ivesdale (zip 61851) resident is $69,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIvesdale, 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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