60505 Aurora, IL is a vibrant city full of opportunities. Located in northeastern Illinois, 60505 Aurora boasts numerous local companies, attractions and amenities to enjoy. Companies such as Caterpillar Inc., ComEd, and Waubonsee Community College provide diverse employment opportunities to the area. In terms of attractions, residents of 60505 Aurora can visit the Paramount Theatre for concerts and performances, or explore the historic downtown district full of shops and restaurants. For outdoor activities, there are a multitude of parks offering fishing ponds, playgrounds and picnic areas. Furthermore, residents can take advantage of the affordable two bedroom rent in 60505 Aurora which is just $1,370 compared to the US average at $1,430. Grocery costs are also lower than the national average with an index rate of 95 versus 100 in the US; making it easy to keep within budget when shopping for everyday necessities.
Aurora (zip 60505) has an unemployment rate of 7.1%. The US average is 6.0%.
Aurora (zip 60505) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Aurora (zip 60505)
- The Sales Tax Rate for Aurora (zip 60505) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Aurora (zip 60505) 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 Aurora (zip 60505)
- The average income of a Aurora (zip 60505) resident is $15,081 a year. The US average is $28,555 a year.
- The Median household income of a Aurora (zip 60505) resident is $59,216 a year. The US average is $69,021 a year.