Rochester, IL is a great place to live and work. The city has an affordable cost of living with 2 bedroom rent averaging $1,120 compared to the US average of $1,430. The grocery cost index for Rochester is 97 versus 100 in the US.
The city has a lot to offer including unique local businesses and attractions such as the Dicken's Amish Country Store which offers quality craftsmanship items that are handmade by Amish and Mennonite artisans. For those looking to relax there is also the B & B Ranch Park which located close by offering plenty of fun outdoor activities such as fishing, camping, and hiking.
Rochester (zip 62563) has an unemployment rate of 6.3%. The US average is 6.0%.
Rochester (zip 62563) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Rochester (zip 62563)
- The Sales Tax Rate for Rochester (zip 62563) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Rochester (zip 62563) 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 Rochester (zip 62563)
- The average income of a Rochester (zip 62563) resident is $45,451 a year. The US average is $37,638 a year.
- The Median household income of a Rochester (zip 62563) resident is $106,365 a year. The US average is $69,021 a year.