Secor, Illinois is a small town located in Woodford County. The city has a population of 61771 and is known for its rural beauty. The median two-bedroom rent in Secor is $1,020, which is lower than the average two-bedroom rent in the United States which is $1,430. There are several businesses located in Secor including K&K Automotive and Repair Inc., T & H Equipment Co., and Secure Financial Solutions, among others. Additionally, Secor has an overall cost of living index of 95 compared to 100 in the US. This means that basic goods such as groceries are slightly cheaper than the national average.
Secor (zip 61771) has an unemployment rate of 4.5%. The US average is 6.0%.
Secor (zip 61771) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Secor (zip 61771)
- The Sales Tax Rate for Secor (zip 61771) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Secor (zip 61771) 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 Secor (zip 61771)
- The average income of a Secor (zip 61771) resident is $20,805 a year. The US average is $28,555 a year.
- The Median household income of a Secor (zip 61771) resident is $91,250 a year. The US average is $69,021 a year.