61606 Peoria, IL is an affordable area with a lot of options for residents. The 2 bedroom rent in this area is $860 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 61606 Peoria, IL is 92 versus 100 in the US. This makes it an ideal location for families and young professionals alike. Local companies in 61606 Peoria, IL include Caterpillar Inc., OSF Healthcare System, Komatsu Mining Corporation and Advanced Medical Transport. These businesses are known for providing quality services to their customers while also offering job opportunities to many local residents.
Peoria (zip 61606) has an unemployment rate of 9.0%. The US average is 6.0%.
Peoria (zip 61606) 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 61606)
- The Sales Tax Rate for Peoria (zip 61606) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Peoria (zip 61606) 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 61606)
- The average income of a Peoria (zip 61606) resident is $25,627 a year. The US average is $37,638 a year.
- The Median household income of a Peoria (zip 61606) resident is $45,862 a year. The US average is $69,021 a year.