Zip 61059 (Nora, IL) Economy


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United States / Illinois / No Metro Area / Jo Daviess County / No City / Nora (zip 61059)
Nora, IL is a small town located in Will County with the zip code 61059. It has a population of 2,856 people according to the 2020 US Census. The average two bedroom rent in Nora, IL is $760 versus the national average of $1,430. The grocery cost index in Nora is 92 compared to 100 in the US.
Nora is home to several local businesses including K & S Auto Body Shop Inc., Knaak’s Construction Co., and Will County Pawn & Jewelers LLC. All three companies are known for providing quality services to both the residents of Nora as well as those outside of its boundaries. These local businesses offer services such as auto repair and construction services as well as pawn loans and jewelry appraisal services for those looking for financial solutions. In addition to these local companies, there are also many other small businesses within this area that provide great products and services at competitive prices.

Nora (zip 61059) has an unemployment rate of 6.1%. The US average is 6.0%.

Nora (zip 61059) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Nora (zip 61059)
- The Sales Tax Rate for Nora (zip 61059) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Nora (zip 61059) 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 Nora (zip 61059)
- The average income of a Nora (zip 61059) resident is $24,457 a year. The US average is $37,638 a year.
- The Median household income of a Nora (zip 61059) resident is $46,800 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNora, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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