Zip 61855 (Milmine, IL) Economy


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61855 Milmine, IL is a small rural town located in Piatt County. Despite its size, the town offers locals numerous amenities such as local shops and restaurants. The average 2 bedroom rent in 61855 Milmine, IL is $880, which is significantly lower than the national average of $1,430. The grocery cost index in 61855 Milmine, IL is 97 compared to 100 nationally. This makes 61855 Milmine, IL an attractive option for those looking for an affordable place to live. Local companies include Barber Shop by James Bean, B & N Repair Service and Staley Auto Body. Residents of 61855 Milmine can enjoy all these services at a much lower cost than elsewhere in the country making it an ideal destination for those seeking an affordable place to live.

Milmine (zip 61855) has an unemployment rate of 4.3%. The US average is 6.0%.

Milmine (zip 61855) has seen the job market decrease by -4.4% 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 Milmine (zip 61855)
- The Sales Tax Rate for Milmine (zip 61855) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Milmine (zip 61855) 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 Milmine (zip 61855)
- The average income of a Milmine (zip 61855) resident is $22,765 a year. The US average is $37,638 a year.
- The Median household income of a Milmine (zip 61855) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilmine, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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