Zip 62423 (Dennison, IL) Economy


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United States / Illinois / No Metro Area / Clark County / No City / Dennison (zip 62423)
Dennison, IL 62423 is a small town located in Clark County. The average two-bedroom rent for the area is only $760, which is much lower than the US average of $1,430. Grocery costs are also relatively low, with an index of 95 compared to the US index of 100. This makes Dennison an ideal location for those looking to save money on housing and groceries. Local companies in Dennison include Harrison's Tire & Auto Service Center, New Beginnings Comfort Care Home Services and Flesner Financial Services. All of these businesses contribute to the excellent quality of life that Dennison has to offer, along with its low cost of living.

Dennison (zip 62423) has an unemployment rate of 6.2%. The US average is 6.0%.

Dennison (zip 62423) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Dennison (zip 62423)
- The Sales Tax Rate for Dennison (zip 62423) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Dennison (zip 62423) 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 Dennison (zip 62423)
- The average income of a Dennison (zip 62423) resident is $21,717 a year. The US average is $28,555 a year.
- The Median household income of a Dennison (zip 62423) resident is $90,963 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDennison, IllinoisUnited States
  6.26
  -7.8%-6.2%
  20.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $34,437$37,638
  $90,963$69,021
  $91,164$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.4%6.8%
  16.7%10.0%
  0.0%2.5%
  3.7%11.0%
  47.4%4.8%
  0.0%0.8%
  0.0%1.9%
  7.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  1.4%14.0%
  0.0%2.1%
  1.4%7.0%
  4.7%4.8%
  9.8%4.7%
Health