St. Elmo, IL Economy


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United States / Illinois / No Metro Area / Fayette County / St. Elmo / Zip Codes
St. Elmo, IL is an affordable place to live with rent for a two-bedroom apartment costing only $680, which is much lower than the US average of $1,430. Grocery costs in the area are also lower than the national average, making living in St. Elmo quite attractive. Popular attractions in St. Elmo include The Olde Town Coffee Shoppe, Timewise Floral and Gifts, and Safari Tan & Spa. Additionally, there are many great outdoor activities available such as hiking trails, fishing spots, and beautiful parks for visitors looking to explore nature's wonders.

St. Elmo has an unemployment rate of 6.2%. The US average is 6.0%.

St. Elmo has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for St. Elmo
- The Sales Tax Rate for St. Elmo is 6.8%. The US average is 7.3%.
- The Income Tax Rate for St. Elmo 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 St. Elmo
- The average income of a St. Elmo resident is $15,376 a year. The US average is $28,555 a year.
- The Median household income of a St. Elmo resident is $47,303 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Elmo, IllinoisUnited States
  6.26
  -5.7%-6.2%
  25.0%33.5%
  6.3%6.2%
  5.0%4.6%
  $20,578$37,638
  $47,303$69,021
  $54,583$85,028
  Population by Occupation
  3.3%1.2%
  4.1%0.5%
  4.1%6.8%
  25.2%10.0%
  2.4%2.5%
  14.2%11.0%
  1.7%4.8%
  0.5%0.8%
  0.0%1.9%
  6.2%4.7%
  0.0%1.9%
  1.4%7.6%
  0.5%0.1%
  0.5%4.2%
  4.4%9.3%
  9.9%14.0%
  0.0%2.1%
  14.0%7.0%
  3.9%4.8%
  3.6%4.7%
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