Zip 62899 (Xenia, IL) Economy


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United States / Illinois / No Metro Area / Clay County / No City / Xenia (zip 62899)
62899 Xenia, IL is a small rural village located in Clay County. It has a population of just under 500 people, making it an ideal destination for those looking for a peaceful and relaxing atmosphere. The 2 bedroom rent in this area is $790, which is significantly lower than the US average of $1,430. This makes it an attractive option for those on a budget. Additionally, the Grocery Cost Index in Xenia is 92 compared to 100 in the US overall, making groceries more affordable here as well.
Residents of 62899 Xenia, IL can take advantage of numerous local businesses such as Gullickson's Family Market and Grayville Country Store. These stores offer everything from fresh produce to hardware supplies and provide locals with essential goods and services. There are also plenty of restaurants in town serving up delicious cuisine from local eateries to national chains alike. With its low cost of living and abundance of amenities, 62899 Xenia, IL offers something for everyone who decides to call it home.

Xenia (zip 62899) has an unemployment rate of 6.2%. The US average is 6.0%.

Xenia (zip 62899) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Xenia (zip 62899)
- The Sales Tax Rate for Xenia (zip 62899) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Xenia (zip 62899) 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 Xenia (zip 62899)
- The average income of a Xenia (zip 62899) resident is $22,123 a year. The US average is $28,555 a year.
- The Median household income of a Xenia (zip 62899) resident is $44,600 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyXenia, IllinoisUnited States
  6.26
  -8.9%-6.2%
  33.7%33.5%
  6.8%6.2%
  5.0%4.6%
  $20,463$37,638
  $44,600$69,021
  $44,973$85,028
  Population by Occupation
  17.4%1.2%
  0.0%0.5%
  4.7%6.8%
  19.3%10.0%
  1.1%2.5%
  11.1%11.0%
  3.1%4.8%
  1.4%0.8%
  0.2%1.9%
  1.4%4.7%
  0.2%1.9%
  0.5%7.6%
  0.0%0.1%
  1.2%4.2%
  3.3%9.3%
  18.8%14.0%
  0.0%2.1%
  3.1%7.0%
  11.4%4.8%
  1.9%4.7%
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