Zip 61278 (Rapids City, IL) Economy


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Rapids City, IL is located in Rock Island County with a population of 61278. It's known for its arts community and vibrant downtown area. The 2 bedroom rent cost in Rapids City is $820, which is significantly lower than the US average of $1,430. This city is also known for its more affordable groceries, as the Grocery Cost Index is 97 compared to 100 in the US.
Rapids City has many great local businesses such as Roots Coffeehouse and Café, which offers amazing coffee drinks and homemade pastries; Homefront Appliance Repair for all your needs around the home; Big River Farms for fresh produce; Koch’s Hardware Store for all your hardware needs; and Rapids City Auto Parts to fulfill all your auto repair needs. As one can easily see, Rapids City offers more affordable living options paired with excellent local businesses that offer everything one might need - from excellent coffee to car parts!

Rapids City (zip 61278) has an unemployment rate of 6.6%. The US average is 6.0%.

Rapids City (zip 61278) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Rapids City (zip 61278)
- The Sales Tax Rate for Rapids City (zip 61278) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rapids City (zip 61278) 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 Rapids City (zip 61278)
- The average income of a Rapids City (zip 61278) resident is $39,568 a year. The US average is $28,555 a year.
- The Median household income of a Rapids City (zip 61278) resident is $76,607 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRapids City, IllinoisUnited States
  6.66
  -7.7%-6.2%
  26.4%33.5%
  7.3%6.2%
  5.0%4.6%
  $38,495$37,638
  $76,607$69,021
  $103,125$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  12.8%6.8%
  21.8%10.0%
  0.0%2.5%
  5.8%11.0%
  2.7%4.8%
  1.6%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  4.7%4.2%
  10.9%9.3%
  12.5%14.0%
  1.6%2.1%
  6.6%7.0%
  6.2%4.8%
  2.3%4.7%
Health