Orion, IL is a small town in Henry County with a population of 61273. It has many benefits to its residents including affordable living costs. The average rent for a two-bedroom apartment in Orion, IL is only $800, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index is 96 compared to 100 in the US. Local businesses include Cimco Inc., a construction and engineering firm; PHM Holdings LLC, an industrial manufacturer; and Olson Electric Motors Inc., an electrical equipment service provider. With its low living costs and diverse selection of businesses, Orion, IL is a great place for both working professionals and families alike.
Orion (zip 61273) has an unemployment rate of 5.9%. The US average is 6.0%.
Orion (zip 61273) has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Orion (zip 61273)
- The Sales Tax Rate for Orion (zip 61273) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Orion (zip 61273) 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 Orion (zip 61273)
- The average income of a Orion (zip 61273) resident is $37,537 a year. The US average is $37,638 a year.
- The Median household income of a Orion (zip 61273) resident is $87,841 a year. The US average is $69,021 a year.