Zip 61940 (Metcalf, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Illinois / No Metro Area / Edgar County / No City / Metcalf (zip 61940)
61940 Metcalf, IL is a great place to live with a strong sense of community and plenty of job opportunities. The 2 Bedroom Rent in 61940 Metcalf, IL is $630 per month, making it much more affordable than the US average of $1,430 per month. Grocery Cost Index in 61940 Metcalf, IL is also lower than the US at 85 versus 100. Local companies and landmarks include the Metcalf Country Club which offers an 18-hole golf course and clubhouse; JWJ Quality Meats for locally supplied meats; and Richland Memorial Park for outdoor recreation activities.

Metcalf (zip 61940) has an unemployment rate of 4.5%. The US average is 6.0%.

Metcalf (zip 61940) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.

Tax Rates for Metcalf (zip 61940)
- The Sales Tax Rate for Metcalf (zip 61940) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Metcalf (zip 61940) 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 Metcalf (zip 61940)
- The average income of a Metcalf (zip 61940) resident is $18,163 a year. The US average is $28,555 a year.
- The Median household income of a Metcalf (zip 61940) resident is $46,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMetcalf, IllinoisUnited States
  4.56
  -3.3%-6.2%
  28.2%33.5%
  7.3%6.2%
  5.0%4.6%
  $25,210$37,638
  $46,830$69,021
  $47,885$85,028
  Population by Occupation
  7.6%1.2%
  0.0%0.5%
  5.7%6.8%
  21.9%10.0%
  0.0%2.5%
  18.1%11.0%
  5.7%4.8%
  9.5%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.8%9.3%
  18.1%14.0%
  0.0%2.1%
  7.6%7.0%
  0.0%4.8%
  1.9%4.7%
Health