Zip 61274 (Osco, IL) Economy


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61274 Osco, IL is a small town located in Whiteside County. It has a population of just over 1,500 people and is known for its laid-back atmosphere. The average two bedroom rent in Osco is $900, which is much lower than the US average at $1,430. The grocery cost index in Osco is also quite low compared to the US, with an index of 93 versus 100 in the US.
Osco has many local businesses that residents can support and help create jobs for their friends and neighbors. Featured companies include Grocery Outlet Express, Lorelei Farms LLC., Green Valley Market, Smitty's Dry Goods & Grocery Store LLC., J & S Clothing & More LLC., and many more. These businesses offer goods and services to the community and contribute to Osco's economy.

Osco (zip 61274) has an unemployment rate of 5.9%. The US average is 6.0%.

Osco (zip 61274) has seen the job market increase by 2.2% 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 Osco (zip 61274)
- The Sales Tax Rate for Osco (zip 61274) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Osco (zip 61274) 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 Osco (zip 61274)
- The average income of a Osco (zip 61274) resident is $44,551 a year. The US average is $28,555 a year.
- The Median household income of a Osco (zip 61274) resident is $120,288 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOsco, IllinoisUnited States
  5.96
  -7.9%-6.2%
  27.4%33.5%
  7.8%6.2%
  5.0%4.6%
  $42,524$37,638
  $120,288$69,021
  $121,635$85,028
  Population by Occupation
  4.9%1.2%
  0.0%0.5%
  20.1%6.8%
  24.3%10.0%
  5.6%2.5%
  16.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  6.3%4.7%
  4.2%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  6.3%9.3%
  7.6%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  4.2%4.7%
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