Zip 61283 (Tampico, IL) Economy


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United States / Illinois / Sterling Metro Area / Whiteside County / No City / Tampico (zip 61283)
61283 Tampico is a small rural town located in North Central Illinois. According to recent estimates, the population of 61283 Tampico is around 743 people. The median 2 Bedroom rent in 61283 Tampico is $910 which is about 35% lower than the US average of $1,430. Furthermore, the Grocery Cost Index in 61283 Tampico is 92 versus 100 in the US, which means that groceries cost 8% less compared to the national average.
In 61283 Tampico there are many local companies such as Christensen Electric Incorporated, Wellner Custom Builders and Remodelers LLC, Gateway Insurance Agency LLC., Al's Tire & Automotive Center, Zwanziger Excavating & Trucking Inc., G&G Auto Sales and Repair, Annnalena's Flowers & Gifts etc. These companies provide services and employment for a large part of the population in this small rural town.

Tampico (zip 61283) has an unemployment rate of 5.4%. The US average is 6.0%.

Tampico (zip 61283) 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 Tampico (zip 61283)
- The Sales Tax Rate for Tampico (zip 61283) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tampico (zip 61283) 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 Tampico (zip 61283)
- The average income of a Tampico (zip 61283) resident is $19,099 a year. The US average is $28,555 a year.
- The Median household income of a Tampico (zip 61283) resident is $57,209 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTampico, IllinoisUnited States
  5.46
  -7.8%-6.2%
  24.5%33.5%
  6.8%6.2%
  5.0%4.6%
  $25,047$37,638
  $57,209$69,021
  $64,375$85,028
  Population by Occupation
  4.3%1.2%
  0.0%0.5%
  8.6%6.8%
  20.4%10.0%
  0.0%2.5%
  20.5%11.0%
  4.2%4.8%
  4.0%0.8%
  0.0%1.9%
  0.1%4.7%
  0.9%1.9%
  2.2%7.6%
  0.0%0.1%
  2.2%4.2%
  6.2%9.3%
  16.8%14.0%
  0.3%2.1%
  2.6%7.0%
  5.3%4.8%
  1.4%4.7%
Health