In 60952 Melvin, IL, rent for a two bedroom apartment is $710 per month. This is significantly lower than the national average of $1,430 for the same accommodations. Grocery costs index in this town is 91, which is 9% lower than the US average of 100. Local companies in 60952 Melvin, IL include IK Guitars and Amps, Mel's Auto Repair & Sales, F & L Motorsports LLC, and Maddox Insurance Agency. IK Guitars and Amps specializes in guitar repairs while Mel’s Auto Repair & Sales provides car maintenance services. F & L Motorsports LLC stocks parts and accessories for cars and other vehicles while Maddox Insurance Agency provides legal advice on insurance claims and more.
Melvin (zip 60952) has an unemployment rate of 4.8%. The US average is 6.0%.
Melvin (zip 60952) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Melvin (zip 60952)
- The Sales Tax Rate for Melvin (zip 60952) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Melvin (zip 60952) 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 Melvin (zip 60952)
- The average income of a Melvin (zip 60952) resident is $29,374 a year. The US average is $37,638 a year.
- The Median household income of a Melvin (zip 60952) resident is $52,000 a year. The US average is $69,021 a year.