Lena, IL is a small town located in Stephenson County with a population of 61048. It has an average 2 bedroom rent of $780, and a lower Grocery Cost Index (91) compared to the US (100). The lower rent rate and cost of living make Lena an attractive option for those seeking more affordable housing. There are several local companies in Lena that have been established over the years including Lynn’s Home Repair, Dixon Family Farms, Northwest Illinois Bolt & Supply Co., and MyQ Logistical Solutions. These businesses provide goods and services to the community and create jobs for the residents, making Lena an even more desirable place to live.
Lena (zip 61048) has an unemployment rate of 6.4%. The US average is 6.0%.
Lena (zip 61048) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Lena (zip 61048)
- The Sales Tax Rate for Lena (zip 61048) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lena (zip 61048) 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 Lena (zip 61048)
- The average income of a Lena (zip 61048) resident is $33,791 a year. The US average is $37,638 a year.
- The Median household income of a Lena (zip 61048) resident is $65,865 a year. The US average is $69,021 a year.