Zip 62914 (Cairo, IL) Economy


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Cairo, IL (zip code 62914) is a city located in Alexander County along the Mississippi river. It is popular with two bedroom renters due to its affordable rent of only $890 compared to the US average of $1,430. Additionally, groceries here are much more affordable than elsewhere in the country, at a Grocery Cost Index of 88 versus 100 in the US.\nFor two bedroom renters in Cairo, there are many local companies that can provide essential services they may need. For instance, for home maintenance there is Jody's Lawn Care and Home Services; for furnishings and appliances there is Newell's Furniture; for car repairs and maintenance there is Jeff's Automotive Repair Shop; and for banking there is First National Bank of Tamms, among others.

Cairo (zip 62914) has an unemployment rate of 8.3%. The US average is 6.0%.

Cairo (zip 62914) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.

Tax Rates for Cairo (zip 62914)
- The Sales Tax Rate for Cairo (zip 62914) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Cairo (zip 62914) 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 Cairo (zip 62914)
- The average income of a Cairo (zip 62914) resident is $19,787 a year. The US average is $37,638 a year.
- The Median household income of a Cairo (zip 62914) resident is $29,639 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCairo, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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