Okawville, IL Economy


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United States / Illinois / No Metro Area / Washington County / Okawville / Zip Codes
Okawville, IL is a great town to call home. Not only does it have low rent prices for two bedroom apartments, at around $820 per month compared to the US average of $1,430 per month, but also has lower grocery costs with an index of 95 versus 100 in the US. Local businesses include the Thelma Keller Convention Center and Luckenbach Park for recreation and entertainment. For health care there’s Washington County Hospital and Farmland Animal Clinic for animal care. The town is also close to many larger cities such as St Louis and Nashville making it great for those who want easy access to bigger cities while still retaining the small-town atmosphere that Okawville offers. There are many reasons why Okawville makes an ideal place to live: the affordability of housing, low cost of living, friendly neighbors, and its close proximity to larger cities make it a perfect place for any family or individual looking for a great quality of life.

Okawville has an unemployment rate of 2.7%. The US average is 6.0%.

Okawville has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Okawville
- The Sales Tax Rate for Okawville is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Okawville 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 Okawville
- The average income of a Okawville resident is $30,044 a year. The US average is $28,555 a year.
- The Median household income of a Okawville resident is $73,864 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOkawville, IllinoisUnited States
  2.76
  -7.3%-6.2%
  35.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $34,348$37,638
  $73,864$69,021
  $92,639$85,028
  Population by Occupation
  3.0%1.2%
  0.5%0.5%
  7.5%6.8%
  10.7%10.0%
  2.4%2.5%
  9.4%11.0%
  2.2%4.8%
  1.1%0.8%
  0.8%1.9%
  4.6%4.7%
  0.0%1.9%
  3.5%7.6%
  0.0%0.1%
  3.1%4.2%
  13.8%9.3%
  16.3%14.0%
  1.6%2.1%
  6.8%7.0%
  7.4%4.8%
  5.5%4.7%
Health
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