Zip 61920 (Charleston, IL) Economy


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Charleston, IL is a city with a population of 61920 located in Coles County. It is an affordable location for those looking for rent or to buy a home. The area offers 2 bedroom rental rates of $830, which is significantly lower than the US average of $1,430. For groceries, the cost index for Charleston is 93 compared to 100 nationally. Those who are looking to work in Charleston are in luck as there are many businesses that bring job opportunities to the city. Some of these companies include Midland States Bank, Midwest Underground Supply Inc., and East Side Motors Inc.. Additionally, the city has educational institutions such as Eastern Illinois University and Lake Land College that offer students further career possibilities.

Charleston (zip 61920) has an unemployment rate of 5.6%. The US average is 6.0%.

Charleston (zip 61920) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Charleston (zip 61920)
- The Sales Tax Rate for Charleston (zip 61920) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Charleston (zip 61920) 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 Charleston (zip 61920)
- The average income of a Charleston (zip 61920) resident is $29,777 a year. The US average is $37,638 a year.
- The Median household income of a Charleston (zip 61920) resident is $50,684 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharleston, 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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