Zip 62421 (Claremont, IL) Economy


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United States / Illinois / No Metro Area / Richland County / No City / Claremont (zip 62421)
Claremont, Illinois, zip code 62421 is a great place to live with affordable rent. A two bedroom apartment can be rented for around $700, which is much lower than the US average of $1,430. The cost of daily groceries in Claremont is also lower than the US average, with the Grocery Cost Index being 92 versus 100. \nThe city offers a variety of activities and services for locals and visitors alike. Major businesses such as Walmart Supercenter, Family Dollar, and CVS Pharmacy are all located in the area. There are also plenty of dining options ranging from local eateries like Joe's Pizza & Pasta to chain restaurants like McDonald's. Additionally, nature enthusiasts will enjoy easy access to nearby parks such as Clark Park or Farmington Conservation Area for outdoor recreation. Claremont is a great place to call home due to its low cost of living and access to amenities.

Claremont (zip 62421) has an unemployment rate of 4.6%. The US average is 6.0%.

Claremont (zip 62421) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Claremont (zip 62421)
- The Sales Tax Rate for Claremont (zip 62421) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Claremont (zip 62421) 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 Claremont (zip 62421)
- The average income of a Claremont (zip 62421) resident is $25,592 a year. The US average is $28,555 a year.
- The Median household income of a Claremont (zip 62421) resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClaremont, IllinoisUnited States
  4.66
  -1.6%-6.2%
  33.8%33.5%
  7.8%6.2%
  5.0%4.6%
  $29,905$37,638
  $70,000$69,021
  $76,481$85,028
  Population by Occupation
  3.8%1.2%
  0.0%0.5%
  2.1%6.8%
  18.2%10.0%
  7.6%2.5%
  10.2%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  1.3%4.2%
  0.8%9.3%
  30.5%14.0%
  2.1%2.1%
  11.4%7.0%
  5.9%4.8%
  1.3%4.7%
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