Zip 61455 (Macomb, IL) Economy


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Macomb, IL is a small city located in McDonough County. It has a population of 61455 people and is a great place to live due to its reasonable rent prices and low cost of living. The average 2 bedroom rent in Macomb, IL is $800 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Macomb is 92 versus 100 in the US; this makes food more affordable for locals. There are many local businesses in Macomb that people can take advantage of such as K&K Foods, Wollan’s Market & Catering, Dairy Queen and Monical's Pizza. Other local attractions are the Western Illinois Museum, Lakeview Nature Center and Corbin Park. All these features make Macomb a great place to live.

Macomb (zip 61455) has an unemployment rate of 5.3%. The US average is 6.0%.

Macomb (zip 61455) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Macomb (zip 61455)
- The Sales Tax Rate for Macomb (zip 61455) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Macomb (zip 61455) 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 Macomb (zip 61455)
- The average income of a Macomb (zip 61455) resident is $19,932 a year. The US average is $28,555 a year.
- The Median household income of a Macomb (zip 61455) resident is $42,235 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMacomb, IllinoisUnited States
  5.36
  -7.4%-6.2%
  16.6%33.5%
  9.0%6.2%
  5.0%4.6%
  $26,775$37,638
  $42,235$69,021
  $83,864$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  1.4%6.8%
  5.0%10.0%
  1.4%2.5%
  16.9%11.0%
  4.1%4.8%
  0.7%0.8%
  1.9%1.9%
  1.6%4.7%
  0.6%1.9%
  2.6%7.6%
  0.0%0.1%
  2.2%4.2%
  23.1%9.3%
  12.5%14.0%
  3.6%2.1%
  11.1%7.0%
  4.7%4.8%
  3.9%4.7%
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