In 61604 Peoria, IL the median 2 bedroom rent is $870, which is significantly lower than the US median of $1,430. This makes it an attractive place for renters. The Grocery Cost Index in this area is 91 compared to 100 in the US, so groceries are relatively affordable. Local companies in 61604 Peoria include Caterpillar Inc., OSF Healthcare System, and Nielsen-Massey Vanillas Inc. Each of these companies offer job opportunities and other services to the local community.
Peoria (zip 61604) has an unemployment rate of 9.0%. The US average is 6.0%.
Peoria (zip 61604) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Peoria (zip 61604)
- The Sales Tax Rate for Peoria (zip 61604) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Peoria (zip 61604) 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 Peoria (zip 61604)
- The average income of a Peoria (zip 61604) resident is $26,446 a year. The US average is $37,638 a year.
- The Median household income of a Peoria (zip 61604) resident is $46,783 a year. The US average is $69,021 a year.