Leaf River, IL has an estimated population of 61047 people. The average 2 bedroom rent in the area is $980, which is much lower than the US's average price of $1,430. The grocery cost index in Leaf River is 92 versus 100 in the US. This means that food and groceries are cheaper in Leaf River than elsewhere in the country. There are a variety of local stores to choose from where individuals can purchase discounted goods: Walmart offers items at competitive prices, while ALDI has a great selection of affordable produce and meats. Walgreens and CVS Pharmacy also have a wide range of products ranging from personal care items to home necessities. All these companies provide excellent value for money to Leaf River residents.
Leaf River (zip 61047) has an unemployment rate of 6.3%. The US average is 6.0%.
Leaf River (zip 61047) 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 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Leaf River (zip 61047)
- The Sales Tax Rate for Leaf River (zip 61047) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Leaf River (zip 61047) 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 Leaf River (zip 61047)
- The average income of a Leaf River (zip 61047) resident is $32,051 a year. The US average is $37,638 a year.
- The Median household income of a Leaf River (zip 61047) resident is $66,786 a year. The US average is $69,021 a year.