61750 Lane in IL is an affordable place to live, with 2 Bedroom rent being $800 compared to the national average of $1,430. This lower rental cost is also complemented by lower grocery costs, with an index of 92 versus 100 in the US. In addition to helping people save money on expenses like housing and groceries, 61750 Lane is home to some top local companies such as XYZ Corporation and ABC Limited. Residents have access to great job opportunities without having to pay the same costly fees associated with larger cities. All in all, 61750 Lane provides its residents with a comfortable lifestyle at an affordable price point when compared to other places in the US.
Lane (zip 61750) has an unemployment rate of 5.4%. The US average is 6.0%.
Lane (zip 61750) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Lane (zip 61750)
- The Sales Tax Rate for Lane (zip 61750) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Lane (zip 61750) 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 Lane (zip 61750)
- The average income of a Lane (zip 61750) resident is $9,788 a year. The US average is $37,638 a year.
- The Median household income of a Lane (zip 61750) resident is $45,455 a year. The US average is $69,021 a year.