Zip 62206 (Cahokia, IL) Economy


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United States / Illinois / St. Louis Metro Area / St. Clair County / No City / Cahokia (zip 62206)
62206 Cahokia, IL is located near St. Louis, MO and is a great place to live for those looking for an affordable housing market. The average 2 bedroom rent in 62206 Cahokia, IL is $930 compared to the US average 2 bedroom rent of $1,430 making it a much more economical choice for those who want to stretch their budget further. Grocery costs are also much lower in this area with the Grocery Cost Index being 90 versus 100 in the US. Local companies such as First Bank of St. Louis, Chase Bank and Schnuck’s Supermarkets make life easier with access to banks and shopping within easy reach. Overall, 62206 Cahokia, IL has a low cost of living compared to other places around the United States making it a great place to call home.

Cahokia (zip 62206) has an unemployment rate of 6.7%. The US average is 6.0%.

Cahokia (zip 62206) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Cahokia (zip 62206)
- The Sales Tax Rate for Cahokia (zip 62206) is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Cahokia (zip 62206) 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 Cahokia (zip 62206)
- The average income of a Cahokia (zip 62206) resident is $14,741 a year. The US average is $28,555 a year.
- The Median household income of a Cahokia (zip 62206) resident is $30,764 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCahokia, IllinoisUnited States
  6.76
  -6.7%-6.2%
  30.1%33.5%
  8.1%6.2%
  5.0%4.6%
  $17,113$37,638
  $30,764$69,021
  $33,426$85,028
  Population by Occupation
  0.3%1.2%
  0.7%0.5%
  2.7%6.8%
  9.9%10.0%
  1.3%2.5%
  14.6%11.0%
  8.9%4.8%
  0.2%0.8%
  0.0%1.9%
  3.7%4.7%
  1.9%1.9%
  1.6%7.6%
  0.0%0.1%
  4.7%4.2%
  5.9%9.3%
  20.7%14.0%
  3.1%2.1%
  15.0%7.0%
  1.1%4.8%
  3.6%4.7%
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