Zip 61443 (Kewanee, IL) Economy


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Kewanee, IL (61443) is a rural town located in Henry County in the north-west corner of the state. It has a small population and 2 bedroom rentals here are much more affordable than the national average at $820. The Grocery Cost Index in Kewanee is 91 compared to the national average at 100, making groceries much more economical. Some local companies that call Kewanee home include Titan Wheel International, Three Oaks Automotive Group, and Starfire Foods. For example, at Starfire Foods you can buy a gallon of whole milk for around $2.50 versus $3 or more elsewhere.

Kewanee (zip 61443) has an unemployment rate of 5.9%. The US average is 6.0%.

Kewanee (zip 61443) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.

Tax Rates for Kewanee (zip 61443)
- The Sales Tax Rate for Kewanee (zip 61443) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Kewanee (zip 61443) 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 Kewanee (zip 61443)
- The average income of a Kewanee (zip 61443) resident is $20,591 a year. The US average is $28,555 a year.
- The Median household income of a Kewanee (zip 61443) resident is $43,076 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKewanee, IllinoisUnited States
  5.96
  -7.9%-6.2%
  27.4%33.5%
  8.3%6.2%
  5.0%4.6%
  $24,565$37,638
  $43,076$69,021
  $51,526$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  7.1%6.8%
  19.2%10.0%
  4.4%2.5%
  13.5%11.0%
  3.9%4.8%
  0.7%0.8%
  1.3%1.9%
  2.2%4.7%
  0.4%1.9%
  0.8%7.6%
  0.0%0.1%
  1.8%4.2%
  9.2%9.3%
  16.1%14.0%
  0.7%2.1%
  6.0%7.0%
  3.5%4.8%
  6.4%4.7%
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