Sterling, IL (population 15,370) is a great place to live. The 2 Bedroom Rent in this area is less than the US average at $810 per month, making it an affordable option for many people. The Grocery Cost Index in Sterling is 92 compared to 100 in the US, meaning you can get more groceries for your money here than elsewhere. For those who love going out to eat, there are plenty of restaurants and local companies such as Steak 'n Shake, Whitey's Ice Cream Shop, and Hen House Brewery. With so much to do while having lower rent and grocery costs than other parts of the US, Sterling is definitely worth considering as a place to call home.
Sterling (zip 61081) has an unemployment rate of 5.4%. The US average is 6.0%.
Sterling (zip 61081) 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 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Sterling (zip 61081)
- The Sales Tax Rate for Sterling (zip 61081) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sterling (zip 61081) 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 Sterling (zip 61081)
- The average income of a Sterling (zip 61081) resident is $25,430 a year. The US average is $28,555 a year.
- The Median household income of a Sterling (zip 61081) resident is $57,813 a year. The US average is $69,021 a year.