Pearl City, IL is a small town located in Stephenson County with a population of 61062. It offers affordable housing compared to the US average, with 2 bedroom rent at $750 versus the national average of $1430. Groceries are also cheaper in Pearl City, with a grocery cost index of 92 compared to the US’s 100. Local businesses in Pearl City include Family Dollar, Walgreens, and several local restaurants offering homestyle meals. Pearl City also has two parks that provide recreational activities such as hiking and picnicking. Visitors can also join one of the many historical tours, showcasing the town's past through an outdoor walking tour or a tractor-drawn wagon tour.
Pearl City (zip 61062) has an unemployment rate of 6.4%. The US average is 6.0%.
Pearl City (zip 61062) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Pearl City (zip 61062)
- The Sales Tax Rate for Pearl City (zip 61062) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pearl City (zip 61062) 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 Pearl City (zip 61062)
- The average income of a Pearl City (zip 61062) resident is $31,071 a year. The US average is $37,638 a year.
- The Median household income of a Pearl City (zip 61062) resident is $73,720 a year. The US average is $69,021 a year.