Peoria, IL has a population of approximately 115,007 residents according to the latest census. The 2 Bedroom Rent in Peoria is $970 and the Grocery Cost Index is 95 compared to 100 in the US on average. Peoria is known for its rich manufacturing tradition, with companies such as Caterpillar Inc., Komatsu Ltd., and Mitsubishi Heavy Industries America making their home there. Additionally, Peoria is home to Bradley University and its large student body adds to the vibrant atmosphere found in this Midwestern city. The downtown area features cultural attractions such as the Peoria Riverfront Museum, which houses many art collections and science exhibits. Tourism and recreation are also abundant with attractions like Wildlife Prairie Park close by as well as several golf courses. All of these factors come together to make Peoria a great place to live or visit!
Peoria (zip 61614) has an unemployment rate of 9.0%. The US average is 6.0%.
Peoria (zip 61614) 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 61614)
- The Sales Tax Rate for Peoria (zip 61614) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Peoria (zip 61614) 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 61614)
- The average income of a Peoria (zip 61614) resident is $40,108 a year. The US average is $37,638 a year.
- The Median household income of a Peoria (zip 61614) resident is $63,795 a year. The US average is $69,021 a year.