Rock Island, Illinois (IL), located in zip code 61201, is a vibrant city with a population of 39,018. It has been ranked among the best small cities to live in America. Residents enjoy an affordable cost of living, with the median 2-bedroom rent in the area at $900 versus $1,430 for the US as a whole. The Grocery Cost Index in Rock Island is 92 compared to 100 in the US.
Rock Island is home to many thriving businesses and companies such as Konecranes USA LLC, Deere & Co., Alcoa Howmet Castings Inc., MidAmerican Energy Company and many more. Its industries range from manufacturing and electrical equipment production to engineering services and printing presses. The city’s strong economy makes it an attractive place for businesses looking to expand or relocate.
Rock Island (zip 61201) has an unemployment rate of 6.6%. The US average is 6.0%.
Rock Island (zip 61201) 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 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Rock Island (zip 61201)
- The Sales Tax Rate for Rock Island (zip 61201) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Rock Island (zip 61201) 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 Rock Island (zip 61201)
- The average income of a Rock Island (zip 61201) resident is $22,576 a year. The US average is $28,555 a year.
- The Median household income of a Rock Island (zip 61201) resident is $50,784 a year. The US average is $69,021 a year.