Montgomery, IL is a beautiful town located in 60538. It has an average 2 Bedroom rent of $1,460, which is slightly higher than the US average of $1,430. The Grocery Cost Index for Montgomery is 98 versus 100 in the US. The town is full of local companies like Byers Insurance Group Inc., Corbin Financial Group LLC., and Longview Management LLC., to name a few. All these companies offer excellent services to the citizens of Montgomery.
Montgomery (zip 60538) has an unemployment rate of 5.8%. The US average is 6.0%.
Montgomery (zip 60538) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery (zip 60538)
- The Sales Tax Rate for Montgomery (zip 60538) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Montgomery (zip 60538) 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 Montgomery (zip 60538)
- The average income of a Montgomery (zip 60538) resident is $25,714 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery (zip 60538) resident is $84,896 a year. The US average is $69,021 a year.