Zip 61428 (Oak Run, IL) Economy


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United States / Illinois / Galesburg Metro Area / Knox County / No City / Oak Run (zip 61428)
Oak Run, IL is a small town with a population of 61428. It offers residents an inexpensive living option, with 2 bedroom rent costing only $740 compared to the US average of $1,430. Moreover, groceries in Oak Run are slightly cheaper than those in the US; the Grocery Cost Index is 100 versus the US index of 100. This makes Oak Run an attractive destination for individuals and families looking for an affordable place to live.
Oak Run has many local businesses such as Anderson Automotive, The Vintage Boutique, and 4th Street Bar & Grill. Anderson Automotive provides quality auto repair services; The Vintage Boutique offers vintage clothing and furniture; and 4th Street Bar & Grill offers great food and drinks. All these businesses provide excellent services to customers in Oak Run and beyond.

Oak Run (zip 61428) has an unemployment rate of 7.5%. The US average is 6.0%.

Oak Run (zip 61428) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Oak Run (zip 61428)
- The Sales Tax Rate for Oak Run (zip 61428) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Oak Run (zip 61428) 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 Oak Run (zip 61428)
- The average income of a Oak Run (zip 61428) resident is $35,704 a year. The US average is $28,555 a year.
- The Median household income of a Oak Run (zip 61428) resident is $77,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOak Run, IllinoisUnited States
  7.56
  -7.1%-6.2%
  16.6%33.5%
  7.8%6.2%
  5.0%4.6%
  $40,885$37,638
  $77,500$69,021
  $85,217$85,028
  Population by Occupation
  2.6%1.2%
  0.0%0.5%
  5.5%6.8%
  14.1%10.0%
  5.1%2.5%
  14.3%11.0%
  6.6%4.8%
  3.1%0.8%
  2.0%1.9%
  1.8%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  0.7%4.2%
  22.9%9.3%
  12.8%14.0%
  0.4%2.1%
  3.5%7.0%
  0.9%4.8%
  1.8%4.7%
Health