Brownstown, IL is a small town located in Fayette County with a population of 62418 residents. The average 2 bedroom rent in this area is $720 which is considerably lower than the US average of $1,430. The Grocery Cost Index in Brownstown is 93 compared to 100 in the US which means groceries here are relatively cheap. This makes Brownstown ideal for those looking for affordable housing and basic necessities. Local companies include Peabody Coal Company, Heilig-Meyers Company, JF Trucking & Excavating Inc., Koester Companies, and others. With its low rent costs and low grocery cost index, Brownstown has an overall low cost of living making it an attractive option for those looking to relocate or settle down in a peaceful place with all necessary amenities nearby.
Brownstown (zip 62418) has an unemployment rate of 6.2%. The US average is 6.0%.
Brownstown (zip 62418) has seen the job market decrease by -5.7% 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 Brownstown (zip 62418)
- The Sales Tax Rate for Brownstown (zip 62418) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Brownstown (zip 62418) 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 Brownstown (zip 62418)
- The average income of a Brownstown (zip 62418) resident is $29,871 a year. The US average is $37,638 a year.
- The Median household income of a Brownstown (zip 62418) resident is $48,832 a year. The US average is $69,021 a year.