61540 Lacon, IL is an attractive place to live due to its affordable housing and low cost of living. The average 2 bedroom rent in Lacon can be found for around $860 a month, which is significantly lower than the US average of $1,430. Along with this, the Grocery Cost Index in 61540 Lacon is 93 versus 100 in the US, making groceries more affordable when compared to the national average. Additionally, residents may benefit from local businesses such as Uncle Bob's Antiques & Coins and Bev’s Country Kitchen where they can find delicious home cooked meals. As a result of these factors, 61540 Lacon boasts an excellent cost of living that makes it a great place for people looking to save money.
Lacon (zip 61540) has an unemployment rate of 6.9%. The US average is 6.0%.
Lacon (zip 61540) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Lacon (zip 61540)
- The Sales Tax Rate for Lacon (zip 61540) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lacon (zip 61540) 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 Lacon (zip 61540)
- The average income of a Lacon (zip 61540) resident is $28,481 a year. The US average is $28,555 a year.
- The Median household income of a Lacon (zip 61540) resident is $67,031 a year. The US average is $69,021 a year.