The small town of Beecher City, IL (zip code 62414) is a quiet rural community with a population of just over 1200 residents. Rent in Beecher City is comparatively modest to most other places in the US at $800 for a 2 bedroom apartment. Grocery costs are also lower than the national average as evidenced by its grocery cost index of 94 compared to 100 in the US. Several local businesses help give this small town its unique character, such as Lancaster Motors for car sales, truck repairs, and towing services; Ramer's Paint & Body Shop for auto repair and custom painting; Country Kitchen Restaurant for American-style breakfast, lunch, and dinner; and Beecher City Family Pharmacy for all your medical needs. With low rent and grocery prices combined with local businesses that make this small town unique, Beecher City is an ideal place to live.
Beecher City (zip 62414) has an unemployment rate of 4.5%. The US average is 6.0%.
Beecher City (zip 62414) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Beecher City (zip 62414)
- The Sales Tax Rate for Beecher City (zip 62414) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Beecher City (zip 62414) 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 Beecher City (zip 62414)
- The average income of a Beecher City (zip 62414) resident is $27,550 a year. The US average is $37,638 a year.
- The Median household income of a Beecher City (zip 62414) resident is $49,023 a year. The US average is $69,021 a year.