Decatur, IL (zipcode 62526) is a great place to live due to its affordable rent and cost of living. The standard two bedroom rent in Decatur is $860 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Decatur is 91 versus 100 in the US as a whole. This makes this particular zipcode an excellent place for those looking for value for their money.
In terms of local businesses, Decatur has plenty of options. There are two major hospitals; St Mary’s and Memorial Health System. There is also numerous retail stores such as Walmart, Target, Meijer, Kohl’s, and many more. Local restaurants include Olive Garden, Red Lobster, Texas Roadhouse, Panera Bread and much more! With all these great options within Decatur itself it's easy to see why so many people choose to call it home!
Decatur (zip 62526) has an unemployment rate of 10.3%. The US average is 6.0%.
Decatur (zip 62526) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Decatur (zip 62526)
- The Sales Tax Rate for Decatur (zip 62526) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Decatur (zip 62526) 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 Decatur (zip 62526)
- The average income of a Decatur (zip 62526) resident is $21,969 a year. The US average is $28,555 a year.
- The Median household income of a Decatur (zip 62526) resident is $42,549 a year. The US average is $69,021 a year.