Milford, IL 60953 is a charming community located in Iroquois County. This small town provides its residents with a rural feel and easy access to amenities. The median two-bedroom rent in Milford is $710, which is much lower than the national median two-bedroom rent of $1,430. Additionally, the grocery cost index in Milford is 91 versus 100 in the US. Local businesses and attractions include Family Farm & Home, Midland States Bank, Uncle Bob's Farm Market, BCHS Theatre Company Inc., Gebhardt Farms Corn Maze and Pumpkin Patch, and Anchor Grill & Pizza. Whether you seek affordability or local charm - Milford has it all!
Milford (zip 60953) has an unemployment rate of 5.6%. The US average is 6.0%.
Milford (zip 60953) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Milford (zip 60953)
- The Sales Tax Rate for Milford (zip 60953) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Milford (zip 60953) 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 Milford (zip 60953)
- The average income of a Milford (zip 60953) resident is $26,790 a year. The US average is $37,638 a year.
- The Median household income of a Milford (zip 60953) resident is $51,904 a year. The US average is $69,021 a year.