Zip 61075 (Scales Mound, IL) Economy


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United States / Illinois / No Metro Area / Jo Daviess County / No City / Scales Mound (zip 61075)
61075 Scales Mound, IL is a small rural village located in Jo Daviess County. The population of 61075 Scales Mound is approximately 1,000 people. It is known for its beautiful views and its affability to visitors. Some local companies in 61075 include Scales Mound Cafe, The Repair Shop LLC, Scales Mound Pharmacy, Valley View Construction Inc., and Kibby's Tavern & Pizza.
The 2 bedroom rent in 61075 Scales Mound is $750 while the US average for 2 bedroom rent is $1,430. This represents a 47% difference in cost when compared to the US average which makes it much more affordable to live here than other parts of the country. Grocery Cost Index in this area is 96 as opposed to 100 in the US which means that it’s about 4% cheaper to buy groceries here than other parts of the country.

Scales Mound (zip 61075) has an unemployment rate of 6.1%. The US average is 6.0%.

Scales Mound (zip 61075) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Scales Mound (zip 61075)
- The Sales Tax Rate for Scales Mound (zip 61075) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Scales Mound (zip 61075) 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 Scales Mound (zip 61075)
- The average income of a Scales Mound (zip 61075) resident is $25,341 a year. The US average is $28,555 a year.
- The Median household income of a Scales Mound (zip 61075) resident is $64,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScales Mound, IllinoisUnited States
  6.16
  -8.2%-6.2%
  18.9%33.5%
  7.3%6.2%
  5.0%4.6%
  $35,318$37,638
  $64,464$69,021
  $72,321$85,028
  Population by Occupation
  19.1%1.2%
  0.4%0.5%
  8.6%6.8%
  10.0%10.0%
  0.4%2.5%
  11.2%11.0%
  3.6%4.8%
  2.6%0.8%
  0.4%1.9%
  8.0%4.7%
  1.0%1.9%
  4.2%7.6%
  0.0%0.1%
  1.2%4.2%
  8.2%9.3%
  8.8%14.0%
  3.8%2.1%
  3.8%7.0%
  3.0%4.8%
  2.0%4.7%
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