The village of Potomac, IL (zip code 61865) is a great place to live for those looking to save on monthly living expenses. The average rent for a two bedroom apartment in Potomac is $770, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Potomac is 92 compared to 100 nationwide. Local grocery stores like Bader's Cash & Carry and UC Food Mart are known for their competitive prices. With all these savings, residents can enjoy the many attractions that Potomac has to offer with more money in their pocket!
Potomac (zip 61865) has an unemployment rate of 6.9%. The US average is 6.0%.
Potomac (zip 61865) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Potomac (zip 61865)
- The Sales Tax Rate for Potomac (zip 61865) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Potomac (zip 61865) 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 Potomac (zip 61865)
- The average income of a Potomac (zip 61865) resident is $28,026 a year. The US average is $37,638 a year.
- The Median household income of a Potomac (zip 61865) resident is $64,150 a year. The US average is $69,021 a year.