Located in Clay City, Illinois, 62824 is a small but vibrant town. Home to around 1,400 people, the 2 bedroom rent in this area costs about $700 per month which is significantly lower than the national average of $1,430. The cost of living is also quite affordable with the Grocery Cost Index being 91 compared to 100 in the US.
Clay City has its fair share of locally owned businesses and attractions to add to its unique charm. Some popular tourist destinations include the Clay County Museum which showcases local history as well as the nearby Lake Shelbyville for outdoor recreation. Businesses such as D&D Hardware, Henson's Auto Service and Skyline Outdoors are all run by local families and offer great services for the community.
Clay City (zip 62824) has an unemployment rate of 6.2%. The US average is 6.0%.
Clay City (zip 62824) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Clay City (zip 62824)
- The Sales Tax Rate for Clay City (zip 62824) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Clay City (zip 62824) 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 Clay City (zip 62824)
- The average income of a Clay City (zip 62824) resident is $26,400 a year. The US average is $37,638 a year.
- The Median household income of a Clay City (zip 62824) resident is $53,750 a year. The US average is $69,021 a year.