Zip 61260 (Joy, IL) Economy


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Joy, IL, 61260 is an idyllic small town in Mercer County. With a population of around 400 people, it is a tight-knit community that enjoys the quiet comfort of rural living. The 2 bedroom rent in Joy is $780, much lower than the US average of $1430. Additionally, the Grocery Cost Index in Joy is 92 versus 100 in the US on average. Local companies in Joy include Ericson Arboretum and Tree Farm, Countryside Catering Company and Mercer Motors. For shopping there are several local stores such as Silvia's Flowers and Gifts, The Mercantile General Store and Keadle's Western Wear. There are also plenty of eateries to choose from such as The Candlelight Inn Restaurant & Lounge, The Three Brothers Diner and Zaccanelli's Italian Restaurant & Pizza Place.

Joy (zip 61260) has an unemployment rate of 6.4%. The US average is 6.0%.

Joy (zip 61260) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Joy (zip 61260)
- The Sales Tax Rate for Joy (zip 61260) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Joy (zip 61260) 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 Joy (zip 61260)
- The average income of a Joy (zip 61260) resident is $28,553 a year. The US average is $28,555 a year.
- The Median household income of a Joy (zip 61260) resident is $36,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJoy, IllinoisUnited States
  6.46
  -8.0%-6.2%
  26.1%33.5%
  7.3%6.2%
  5.0%4.6%
  $24,521$37,638
  $36,042$69,021
  $58,750$85,028
  Population by Occupation
  24.8%1.2%
  0.0%0.5%
  16.0%6.8%
  14.4%10.0%
  2.9%2.5%
  3.6%11.0%
  6.9%4.8%
  0.0%0.8%
  0.0%1.9%
  4.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.0%4.2%
  4.2%9.3%
  13.4%14.0%
  0.0%2.1%
  0.7%7.0%
  2.6%4.8%
  4.2%4.7%
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