Mansfield, IL is a small town located in Woodford County with a population of 61854. The rent for a two-bedroom apartment in Mansfield is $1,040 compared to the US average of $1,430. Additionally, the grocery cost index in Mansfield is 95 while the US average is 100.
Mansfield has several local companies that keep it bustling. These include ProPetro, an oil and gas field services company; Wedco Industries, a manufacturer of custom electrical enclosures; and Monticello Products, which specializes in automotive parts manufacturing. Other local businesses include design firms like ERA Architects and retail stores like Walgreens and Family Video.
Mansfield (zip 61854) has an unemployment rate of 4.3%. The US average is 6.0%.
Mansfield (zip 61854) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Mansfield (zip 61854)
- The Sales Tax Rate for Mansfield (zip 61854) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Mansfield (zip 61854) 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 Mansfield (zip 61854)
- The average income of a Mansfield (zip 61854) resident is $26,861 a year. The US average is $28,555 a year.
- The Median household income of a Mansfield (zip 61854) resident is $72,500 a year. The US average is $69,021 a year.