Zip 60431 (Joliet, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The city of Joliet, Illinois, located in zip code 60431, has an average two bedroom rental cost of $1,700. This is slightly higher than the national average of $1,430. Additionally, the grocery cost index for 60431 is 97 compared to the US average of 100. Popular local companies in Joliet include Comcast Cable Communications LLC, Caterpillar Inc., and Rialto Square Theatre. Comcast provides telecommunications services such as television and internet services to residents of Joliet and surrounding areas. Caterpillar Inc., a construction equipment company, is a major employer in this area. Finally, Rialto Square Theatre is an art-deco style movie theater that hosts various events throughout the year.

Joliet (zip 60431) has an unemployment rate of 9.4%. The US average is 6.0%.

Joliet (zip 60431) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Joliet (zip 60431)
- The Sales Tax Rate for Joliet (zip 60431) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Joliet (zip 60431) 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 Joliet (zip 60431)
- The average income of a Joliet (zip 60431) resident is $31,218 a year. The US average is $28,555 a year.
- The Median household income of a Joliet (zip 60431) resident is $99,715 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJoliet, IllinoisUnited States
  9.46
  -9.5%-6.2%
  26.3%33.5%
  8.8%6.2%
  5.0%4.6%
  $37,679$37,638
  $99,715$69,021
  $109,362$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  7.4%6.8%
  9.8%10.0%
  2.5%2.5%
  11.2%11.0%
  10.2%4.8%
  0.6%0.8%
  1.3%1.9%
  4.6%4.7%
  0.9%1.9%
  4.7%7.6%
  0.1%0.1%
  3.5%4.2%
  12.1%9.3%
  13.6%14.0%
  2.1%2.1%
  5.7%7.0%
  4.3%4.8%
  5.1%4.7%
Health