Malden, IL (zip code 61337) is a small town in Northern Illinois with a population of just over 1,000 people. The area is known for its many family-owned businesses including Malden Lumber & Hardware, Simpson's Olde Fashioned Ice Cream and BBQ, and Morgan's Grocery Store. It's also home to several local events throughout the year such as the annual holiday parade and tractor pull. The average two-bedroom rent in Malden is $730 while grocery costs have an index of 91 versus 100 in US averages. With its close-knit community feel, low cost of living, and numerous local businesses, Malden is an ideal place for families looking for a peaceful town to call home.
Malden (zip 61337) has an unemployment rate of 6.3%. The US average is 6.0%.
Malden (zip 61337) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Malden (zip 61337)
- The Sales Tax Rate for Malden (zip 61337) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Malden (zip 61337) 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 Malden (zip 61337)
- The average income of a Malden (zip 61337) resident is $21,387 a year. The US average is $37,638 a year.
- The Median household income of a Malden (zip 61337) resident is $56,000 a year. The US average is $69,021 a year.