605 Waterman, IL is a small town located in Will County, Illinois. The population of this town is estimated to be around 10,000 people. It is known for its friendly atmosphere and affordable cost of living. The average grocery cost index in 605 Waterman is much lower than other parts of the United States at 97 versus 100. Additionally, the average two-bedroom rent in 605 Waterman is $980 compared to the U.S average of $1,430. This makes 605 Waterman an affordable place to live for families looking for a peaceful environment with access to local businesses such as P&K Automotive, Papa Joe's Pizza & Pub, and Sarelli Salon & Spa.
Waterman (zip 60556) has an unemployment rate of 6.3%. The US average is 6.0%.
Waterman (zip 60556) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Waterman (zip 60556)
- The Sales Tax Rate for Waterman (zip 60556) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Waterman (zip 60556) 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 Waterman (zip 60556)
- The average income of a Waterman (zip 60556) resident is $31,835 a year. The US average is $37,638 a year.
- The Median household income of a Waterman (zip 60556) resident is $83,200 a year. The US average is $69,021 a year.