Zip 61344 (Mineral, IL) Economy


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United States / Illinois / No Metro Area / Bureau County / No City / Mineral (zip 61344)
Mineral, IL 61344 is a small village located in Bureau County, Illinois. It has a population of only 221 people as of the last census. The average 2 bedroom rent price in Mineral is $890, which is much lower than the national average of $1,430. The town also offers great opportunities for homeownership with local companies such as A&T Realty offering house purchase options. In terms of grocery costs, Mineral has a Grocery Cost Index (GCI) score of 90 versus 100 in the US; this indicates that groceries are relatively cheaper than most other areas in the country!

Mineral (zip 61344) has an unemployment rate of 6.3%. The US average is 6.0%.

Mineral (zip 61344) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Mineral (zip 61344)
- The Sales Tax Rate for Mineral (zip 61344) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mineral (zip 61344) 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 Mineral (zip 61344)
- The average income of a Mineral (zip 61344) resident is $19,036 a year. The US average is $28,555 a year.
- The Median household income of a Mineral (zip 61344) resident is $42,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMineral, IllinoisUnited States
  6.36
  -8.2%-6.2%
  33.9%33.5%
  6.8%6.2%
  5.0%4.6%
  $26,364$37,638
  $42,500$69,021
  $61,250$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  14.3%6.8%
  16.3%10.0%
  8.8%2.5%
  8.2%11.0%
  0.0%4.8%
  0.0%0.8%
  1.4%1.9%
  6.8%4.7%
  0.7%1.9%
  4.1%7.6%
  0.0%0.1%
  0.0%4.2%
  4.1%9.3%
  8.2%14.0%
  2.0%2.1%
  19.0%7.0%
  0.7%4.8%
  1.4%4.7%
Health