Zip 62903 (Carbondale, IL) Economy


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Carbondale, IL 62903 is a small city located in southern Illinois. The median 2 Bedroom Rent in the area is $910 which is much lower than the US average of $1,430. The grocery cost index for Carbondale stands at 96 compared to 100 nationally. This makes Carbondale an attractive place to work and live in. There are several local companies that have helped grow this economy such as SIU HealthCare, City of Carbondale, First Mid-Illinois Bank & Trust, Capps Manufacturing, Southern Illinois University and many more. These businesses provide employment opportunities for locals while also stoking the local economy.

Carbondale (zip 62903) has an unemployment rate of 5.9%. The US average is 6.0%.

Carbondale (zip 62903) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Carbondale (zip 62903)
- The Sales Tax Rate for Carbondale (zip 62903) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Carbondale (zip 62903) 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 Carbondale (zip 62903)
- The average income of a Carbondale (zip 62903) resident is $25,421 a year. The US average is $28,555 a year.
- The Median household income of a Carbondale (zip 62903) resident is $34,455 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarbondale, IllinoisUnited States
  5.96
  -6.9%-6.2%
  21.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $28,230$37,638
  $34,455$69,021
  $83,529$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  0.0%6.8%
  6.7%10.0%
  0.0%2.5%
  9.2%11.0%
  1.5%4.8%
  0.0%0.8%
  0.8%1.9%
  1.4%4.7%
  0.9%1.9%
  5.1%7.6%
  0.0%0.1%
  3.7%4.2%
  27.5%9.3%
  15.2%14.0%
  5.7%2.1%
  11.9%7.0%
  5.2%4.8%
  3.5%4.7%
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