61565 Sparland, IL is an ideal place to live for anyone looking for a more rural lifestyle. The area offers 2 bedroom rent at $810, which is significantly lower than the US average of $1,430. Additionally the area boasts a grocery cost index of 95 compared to the US average of 100. This means that food costs are significantly cheaper in Sparland giving it an overall lower cost of living. Local companies in the area include FMC Plant, R and S Towing and Carl's Auto Repair. In terms of cost of living index, 61565 Sparland, IL scores well below the national average with an index rating of 78 out of 100 as opposed to the US average of 100 out of 100.
Sparland (zip 61565) has an unemployment rate of 6.9%. The US average is 6.0%.
Sparland (zip 61565) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Sparland (zip 61565)
- The Sales Tax Rate for Sparland (zip 61565) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Sparland (zip 61565) 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 Sparland (zip 61565)
- The average income of a Sparland (zip 61565) resident is $27,114 a year. The US average is $28,555 a year.
- The Median household income of a Sparland (zip 61565) resident is $66,042 a year. The US average is $69,021 a year.