Zip 62517 (Bulpitt, IL) Economy


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Bulpitt, IL is a small rural village located in Montgomery County. It is home to approximately 1,000 people and offers a close-knit community with all the necessary amenities. The average two bedroom rent in Bulpitt is $660, much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Bulpitt is 89 versus 100 for the US.
Living in Bulpitt allows for a more affordable lifestyle without compromising on quality of life. There are various local companies that offer services such as grocery stores, banks, restaurants and gas stations. Residents also have access to many nearby outdoor recreational activities including hiking trails, fishing ponds and public parks. For those who need additional help or resources, there are several health centers and government organizations available to provide assistance.

Bulpitt (zip 62517) has an unemployment rate of 6.3%. The US average is 6.0%.

Bulpitt (zip 62517) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Bulpitt (zip 62517)
- The Sales Tax Rate for Bulpitt (zip 62517) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bulpitt (zip 62517) 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 Bulpitt (zip 62517)
- The average income of a Bulpitt (zip 62517) resident is $16,135 a year. The US average is $28,555 a year.
- The Median household income of a Bulpitt (zip 62517) resident is $60,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBulpitt, IllinoisUnited States
  6.36
  -9.8%-6.2%
  12.9%33.5%
  7.3%6.2%
  5.0%4.6%
  $23,457$37,638
  $60,357$69,021
  $61,071$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  1.6%6.8%
  11.2%10.0%
  1.6%2.5%
  20.0%11.0%
  15.2%4.8%
  0.0%0.8%
  0.0%1.9%
  8.8%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  4.0%4.2%
  1.6%9.3%
  15.2%14.0%
  1.6%2.1%
  0.0%7.0%
  3.2%4.8%
  11.2%4.7%
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