Zip 61490 (Woodhull, IL) Economy


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61290 Woodhull, IL is a small village located in Henry County in Illinois. This quiet community offers a peaceful and nature-focused lifestyle with its close proximity to the beautiful Kickapoo State Park. The 2 bedroom rent in Woodhull is significantly lower than the United States average at $830 per month, making it an attractive option for families and individuals looking to save money on housing costs. Those living in Woodhull can also benefit from the Grocery Cost Index of 93 compared to the US average of 100.
Local businesses that serve the residents of 61490 Woodhull include Anderson’s Inc., a local grocery store, and Johnson True Value Hardware for any home improvement needs. The town also has a few restaurants such as Sue's Diner and Rita's Pizza Parlor. Additionally, there are plenty of nearby attractions including Kickapoo State Park, Honey Creek Woods State Natural Area, and Lakewood Forest Preserve which offer outdoor activities and recreation opportunities for all ages.

Woodhull (zip 61490) has an unemployment rate of 5.9%. The US average is 6.0%.

Woodhull (zip 61490) has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.

Tax Rates for Woodhull (zip 61490)
- The Sales Tax Rate for Woodhull (zip 61490) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Woodhull (zip 61490) 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 Woodhull (zip 61490)
- The average income of a Woodhull (zip 61490) resident is $27,641 a year. The US average is $28,555 a year.
- The Median household income of a Woodhull (zip 61490) resident is $61,071 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodhull, IllinoisUnited States
  5.96
  -7.9%-6.2%
  27.4%33.5%
  7.8%6.2%
  5.0%4.6%
  $34,713$37,638
  $61,071$69,021
  $89,559$85,028
  Population by Occupation
  7.4%1.2%
  0.0%0.5%
  7.9%6.8%
  19.9%10.0%
  5.7%2.5%
  10.0%11.0%
  4.5%4.8%
  0.5%0.8%
  2.1%1.9%
  7.0%4.7%
  0.5%1.9%
  7.6%7.6%
  0.0%0.1%
  0.0%4.2%
  7.9%9.3%
  9.3%14.0%
  0.0%2.1%
  4.3%7.0%
  3.6%4.8%
  1.9%4.7%
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