Zip 60437 (Kinsman, IL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Kinsman, IL (60437) is an attractive city located in Grundy County. Its population is estimated to be around 2,000 people, and it has a median household income of $53,944. This makes it a great place for families and professionals alike. The two-bedroom rent in Kinsman is relatively affordable at around $1180 per month compared to the US average of $1430. The grocery cost index is also lower than the national average at 93 versus 100 in the US.
Kinsman offers many local businesses and companies such as Wiersma Farms Market, RLB Home Improvements & Repair Services LLC, Kinsman Chiropractic Clinic, Helms Farm Equipment LLC, Bessie's Tutoring Service LLC, and others. Additionally, there are many churches in the area which offer variety of services to the community such as religious education and counseling. All these factors make Kinsman a great place to live or visit!

Kinsman (zip 60437) has an unemployment rate of 6.6%. The US average is 6.0%.

Kinsman (zip 60437) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.

Tax Rates for Kinsman (zip 60437)
- The Sales Tax Rate for Kinsman (zip 60437) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Kinsman (zip 60437) 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 Kinsman (zip 60437)
- The average income of a Kinsman (zip 60437) resident is $44,587 a year. The US average is $37,638 a year.
- The Median household income of a Kinsman (zip 60437) resident is $104,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKinsman, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.