61353 Paw Paw, IL is a small town located in the northern region of the state. It has a population of around 400 people and is close to both Chicago and Milwaukee. The area offers beautiful views of Lake Michigan, as well as plenty of outdoor activities like hiking and skiing. In terms of cost of living, 2 bedroom rent in 61353 Paw Paw, IL is $1,100 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 96 compared to 100 in the US.
The town hosts several businesses such as B & B Graphics Inc., Custom Outfitters LLC., Village Liquor Store, and Allen's Automotive Repair. B & B Graphics Inc provides services for custom signage design and installation for homes and businesses in the area. Custom Outfitters LLC specializes in custom embroidery orders such as hats, wallets, jackets, etc., while Village Liquor Store has been serving drinks since 1981. Lastly, Allen's Automotive Repair offers full-service auto repair solutions for all vehicle makes and models since 2009.
Paw Paw (zip 61353) has an unemployment rate of 5.2%. The US average is 6.0%.
Paw Paw (zip 61353) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Paw Paw (zip 61353)
- The Sales Tax Rate for Paw Paw (zip 61353) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Paw Paw (zip 61353) 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 Paw Paw (zip 61353)
- The average income of a Paw Paw (zip 61353) resident is $27,388 a year. The US average is $37,638 a year.
- The Median household income of a Paw Paw (zip 61353) resident is $54,318 a year. The US average is $69,021 a year.