Zip 62811 (Bellmont, IL) Economy


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United States / Illinois / No Metro Area / Wabash County / Bellmont / Bellmont (zip 62811)
Bellmont, IL (62811) is a small town in Randolph County with an estimated population of around 1,500. The average rent for a two-bedroom apartment in Bellmont is $740 whereas the US average rent for the same size apartment is $1,430. The Grocery Cost Index in Bellmont is 88 versus 100 in the US.
Bellmont has several local businesses such as JB Clothing & More, L&M Variety Store, and Storage Solutions Mini Storage to fulfill most of its residents' needs. JB Clothing & More offers affordable clothing items and accessories for men, women and children; while L&M Variety Store provides general merchandise ranging from household items to toys and sporting equipment. Lastly, Storage Solutions Mini Storage offers storage services for residential or commercial needs.

Bellmont (zip 62811) has an unemployment rate of 5.1%. The US average is 6.0%.

Bellmont (zip 62811) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.

Tax Rates for Bellmont (zip 62811)
- The Sales Tax Rate for Bellmont (zip 62811) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bellmont (zip 62811) 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 Bellmont (zip 62811)
- The average income of a Bellmont (zip 62811) resident is $21,288 a year. The US average is $37,638 a year.
- The Median household income of a Bellmont (zip 62811) resident is $35,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBellmont, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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