Seneca, Illinois (61360) is a wonderful place to live. It has a low cost of living due to its low 2 bedroom rent price of $1,050, compared to the national average of $1,430. Additionally, the Grocery Cost Index in Seneca is 96 versus 100 in the US. This means you can get more groceries for your money in Seneca. Seneca is also home to multiple businesses including Landscape Solutions Inc., Ozark Regional Capital LLC., and McCook Lake Resort & Marina Inc. These companies offer employment opportunities and economic growth for the city residents. In addition, Seneca offers numerous recreational activities such as golfing at Kishwaukee Country Club or camping and fishing at Red Hawk State Park. With its low cost of living, local businesses, and recreational activities available within city limits, Seneca provides an ideal place to relax and enjoy life while saving money.
Seneca (zip 61360) has an unemployment rate of 7.3%. The US average is 6.0%.
Seneca (zip 61360) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.
Tax Rates for Seneca (zip 61360)
- The Sales Tax Rate for Seneca (zip 61360) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Seneca (zip 61360) 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 Seneca (zip 61360)
- The average income of a Seneca (zip 61360) resident is $25,355 a year. The US average is $28,555 a year.
- The Median household income of a Seneca (zip 61360) resident is $84,827 a year. The US average is $69,021 a year.