The small village of Sheldon, IL (zip code 60966) is a residential suburb of Kankakee in rural Cook County. Boasting low living costs and friendly locals, Sheldon offers an affordable alternative to nearby cities. The average two-bedroom rent in Sheldon is only $710 per month compared to the US average of $1,430. The grocery cost index in Sheldon is 90 versus 100 in the US - offering even more savings. As one would expect from a small town, there are several local businesses in Sheldon which include Wieland and Sons Roofing, I&A Plumbing Solutions, Kankakee Valley Construction Services and D&J Dairy Inc. There is also a variety of restaurants and stores available for residents to shop at and enjoy.
Sheldon (zip 60966) has an unemployment rate of 5.6%. The US average is 6.0%.
Sheldon (zip 60966) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Sheldon (zip 60966)
- The Sales Tax Rate for Sheldon (zip 60966) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sheldon (zip 60966) 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 Sheldon (zip 60966)
- The average income of a Sheldon (zip 60966) resident is $29,570 a year. The US average is $37,638 a year.
- The Median household income of a Sheldon (zip 60966) resident is $43,125 a year. The US average is $69,021 a year.