Zip 62823 (Cisne, IL) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Illinois / No Metro Area / Wayne County / No City / Cisne (zip 62823)
Cisne, Illinois is a small town located in Wabash County. With a population of 62823, this rural community has plenty to offer its residents. The cost of living index for Cisne is 89 – slightly lower than the national average of 100. This means that you can expect to pay less for housing and groceries than you would elsewhere. The average two bedroom rent in Cisne is $750, which is far more affordable than the US average of $1430. Additionally, grocery costs are substantially lower with an index score of 92 versus 100 in the US. Even with this affordability, there are many local businesses in Cisne that provide essential services and goods. Establishments such as Herrin Family Pharmacy & Medical Supply, L&L Acres Country Store & Sausage Company, and Main Street Market offer everything from medical supplies to fresh produce and country-style sausage links to the citizens of Cisne.

Cisne (zip 62823) has an unemployment rate of 5.4%. The US average is 6.0%.

Cisne (zip 62823) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.

Tax Rates for Cisne (zip 62823)
- The Sales Tax Rate for Cisne (zip 62823) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cisne (zip 62823) 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 Cisne (zip 62823)
- The average income of a Cisne (zip 62823) resident is $26,630 a year. The US average is $37,638 a year.
- The Median household income of a Cisne (zip 62823) resident is $52,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCisne, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.