Spring Grove, Illinois is a small city located in McHenry County. It has a population of around 5,000 people and is known for its scenic views and rural lifestyle. The cost of renting a two-bedroom apartment in Spring Grove is $1,580, slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Spring Grove is 98 versus 100 in the US.
The economy of Spring Grove is mainly centered on local businesses such as Friendly Food Mart, Bockenstedt's Market & Deli, and Arnie's Gas Station. There are also a few restaurants including Woodstock Diner & Pub and Skogies Pizza & Grill that offer delicious meals for locals and visitors alike. It's also home to several outdoor activities such as camping at Fox River Park as well as hiking trails at White Oak Nature Preserve. All in all, Spring Grove offers an affordable cost of living with plenty of recreational options for residents to enjoy!
Spring Grove (zip 60081) has an unemployment rate of 5.9%. The US average is 6.0%.
Spring Grove (zip 60081) has seen the job market decrease by -9.5% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Spring Grove (zip 60081)
- The Sales Tax Rate for Spring Grove (zip 60081) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spring Grove (zip 60081) 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 Spring Grove (zip 60081)
- The average income of a Spring Grove (zip 60081) resident is $45,994 a year. The US average is $37,638 a year.
- The Median household income of a Spring Grove (zip 60081) resident is $106,865 a year. The US average is $69,021 a year.