Zip 61064 (Polo, IL) Economy


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United States / Illinois / Rochelle Metro Area / Ogle County / No City / Polo (zip 61064)
Polo, IL, located in ZIP code 61064, is a small rural village with a population of approximately 2055 people. The cost of renting a two bedroom apartment in Polo is $850, compared to the US average of $1430. Additionally, grocery costs in Polo are indexed at 90 versus 100 elsewhere in the US.
Within Polo there are many businesses that serve local residents; these include restaurants like G&S Family Restaurant and The Buttercup Cafe, retail stores like Eller's Hardware & Appliance and First Street Trading Post Antiques & Collectibles LLC, medical services such as Central Lee Clinic PC and Blum Family Dentistry LTD., and auto repair services like Osborn Automotive Inc.
Polo is a great place to live because it offers a safe and friendly atmosphere where residents can enjoy an abundance of activities while living within close proximity to larger towns and cities.

Polo (zip 61064) has an unemployment rate of 6.3%. The US average is 6.0%.

Polo (zip 61064) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.

Tax Rates for Polo (zip 61064)
- The Sales Tax Rate for Polo (zip 61064) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Polo (zip 61064) 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 Polo (zip 61064)
- The average income of a Polo (zip 61064) resident is $25,888 a year. The US average is $28,555 a year.
- The Median household income of a Polo (zip 61064) resident is $67,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolo, IllinoisUnited States
  6.36
  -7.0%-6.2%
  21.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $32,015$37,638
  $67,196$69,021
  $75,288$85,028
  Population by Occupation
  7.2%1.2%
  0.2%0.5%
  5.8%6.8%
  21.8%10.0%
  4.5%2.5%
  10.3%11.0%
  4.1%4.8%
  1.5%0.8%
  0.4%1.9%
  2.4%4.7%
  1.7%1.9%
  1.8%7.6%
  0.0%0.1%
  1.8%4.2%
  7.6%9.3%
  11.8%14.0%
  0.2%2.1%
  5.6%7.0%
  4.7%4.8%
  6.5%4.7%
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