Woodland, IL (60974) is a small village located in Iroquois County. The population of the village is approximately 270 people. 2 bedroom rent in Woodland, IL costs around $710 which is significantly less than the US average of $1,430. Moreover, the grocery cost index in Woodland is 90 compared to 100 in the US overall. This makes it relatively affordable for locals to buy groceries here.
The area has a variety of small businesses such as Southern Illinois Co-op, Countryside Veterinary Clinic and Woodland Auto Repair that make up the main sources of employment for local residents. The local school district provides quality education for children ranging from kindergarten to high school. Additionally, the community has several churches and parks that serve its citizens well and provide great recreation opportunities as well.
Woodland (zip 60974) has an unemployment rate of 5.6%. The US average is 6.0%.
Woodland (zip 60974) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Woodland (zip 60974)
- The Sales Tax Rate for Woodland (zip 60974) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Woodland (zip 60974) 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 Woodland (zip 60974)
- The average income of a Woodland (zip 60974) resident is $17,953 a year. The US average is $37,638 a year.
- The Median household income of a Woodland (zip 60974) resident is $50,833 a year. The US average is $69,021 a year.