Zip 61277 (Prophetstown, IL) Economy


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United States / Illinois / Sterling Metro Area / Whiteside County / No City / Prophetstown (zip 61277)
61277 Prophetstown, IL is a small community located in Whiteside County. This community has an estimated population of 1,062 people as of 2019. The median two-bedroom rent cost for this area is $850, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index for this area is 92 compared to the 100 in the US. This makes living in 61277 Prophetstown, IL much more affordable than other areas. There are several local businesses that help make up the economy of this area, such as The Muse Machine Company, The Prophetstown Pharmacy and Hardware Store, and The Whirlpool Corporation. Furthermore, local entertainment venues such as Barnaby's Pizza and Lighthouse Tavern provide residents with places to hang out with friends. All of these businesses make 61277 Prophetstown, IL a great place to live and work!

Prophetstown (zip 61277) has an unemployment rate of 5.4%. The US average is 6.0%.

Prophetstown (zip 61277) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Prophetstown (zip 61277)
- The Sales Tax Rate for Prophetstown (zip 61277) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Prophetstown (zip 61277) 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 Prophetstown (zip 61277)
- The average income of a Prophetstown (zip 61277) resident is $25,313 a year. The US average is $28,555 a year.
- The Median household income of a Prophetstown (zip 61277) resident is $80,294 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProphetstown, IllinoisUnited States
  5.46
  -7.8%-6.2%
  24.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $37,124$37,638
  $80,294$69,021
  $101,181$85,028
  Population by Occupation
  9.3%1.2%
  0.0%0.5%
  4.1%6.8%
  17.1%10.0%
  2.9%2.5%
  11.5%11.0%
  8.5%4.8%
  0.9%0.8%
  1.0%1.9%
  3.3%4.7%
  1.4%1.9%
  2.7%7.6%
  0.0%0.1%
  1.0%4.2%
  4.7%9.3%
  11.9%14.0%
  0.2%2.1%
  7.0%7.0%
  3.6%4.8%
  9.0%4.7%
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