Zip 62821 (Carmi, IL) Economy


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United States / Illinois / No Metro Area / White County / No City / Carmi (zip 62821)
Carmi, IL (62821) is a city in White County located near the Wabash River. The average 2 Bedroom Rent in Carmi, IL is $710, which is 50% lower than the national average of $1,430. There are many local businesses that serve the community such as Walmart Supercenter, CVS Pharmacy and great locally owned restaurants like Pizza Man. Grocery Cost Index in Carmi is 92 versus 100 in the US. This area also offers several parks including City Park and State Recreation Area where residents can take advantage of outdoor activities.

Carmi (zip 62821) has an unemployment rate of 5.6%. The US average is 6.0%.

Carmi (zip 62821) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Carmi (zip 62821)
- The Sales Tax Rate for Carmi (zip 62821) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Carmi (zip 62821) 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 Carmi (zip 62821)
- The average income of a Carmi (zip 62821) resident is $27,923 a year. The US average is $28,555 a year.
- The Median household income of a Carmi (zip 62821) resident is $51,416 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarmi, IllinoisUnited States
  5.66
  -11.2%-6.2%
  20.5%33.5%
  8.0%6.2%
  5.0%4.6%
  $30,781$37,638
  $51,416$69,021
  $77,788$85,028
  Population by Occupation
  2.4%1.2%
  9.2%0.5%
  5.4%6.8%
  14.7%10.0%
  1.2%2.5%
  11.9%11.0%
  1.6%4.8%
  1.0%0.8%
  0.9%1.9%
  3.9%4.7%
  1.5%1.9%
  4.9%7.6%
  0.0%0.1%
  4.6%4.2%
  10.8%9.3%
  11.5%14.0%
  1.6%2.1%
  5.4%7.0%
  4.7%4.8%
  2.6%4.7%
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