The small village of Van Orin, Illinois is located about 2 hours west of Chicago. With a population of about 700 people, the town is a great place to live an affordable lifestyle. The average rent for a two bedroom apartment in Van Orin is $810 per month, which is considerably lower than the national average of $1,430. Grocery costs are also inexpensive in Van Orin; with an Index rating of 91 compared to 100 nationwide.
Van Orin has plenty of local businesses that contribute to its tight knit community. These companies include Shuling’s Hardware Store, Earl’s Body Shop, and Jarvis-White Funeral Home. All three have been owned and operated by generations of local families since their establishment years ago.
Overall, Van Orin’s cost of living is considerably lower than other towns in the area and nationwide. This makes it an ideal place for those looking for affordability while still being close to major cities like Chicago. It offers residents a safe and friendly neighborhood with plenty of local businesses ready to serve them.
Van Orin (zip 61374) has an unemployment rate of 6.3%. The US average is 6.0%.
Van Orin (zip 61374) has seen the job market decrease by -8.2% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Van Orin (zip 61374)
- The Sales Tax Rate for Van Orin (zip 61374) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Van Orin (zip 61374) 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 Van Orin (zip 61374)
- The average income of a Van Orin (zip 61374) resident is $27,165 a year. The US average is $37,638 a year.
- The Median household income of a Van Orin (zip 61374) resident is $83,594 a year. The US average is $69,021 a year.