Zip 62240 (East Carondelet, IL) Economy


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United States / Illinois / St. Louis Metro Area / St. Clair County / No City / East Carondelet (zip 62240)
62240 East Carondelet, IL is an ideal location for those looking to save on rent. The 2 Bedroom Rent in the area stands at $1,000 which is significantly lower than the US average of $1,430. For those looking to save on grocery costs, the Grocery Cost Index in the area stands at 92 compared to 100 in the US. There are many local businesses that make up this area like Carondelet Filmworks and Carondelet Bar & Grill. With its affordable rent and low cost groceries, 62240 East Carondelet, IL is an ideal place to call home for those looking for a budget-friendly lifestyle.

East Carondelet (zip 62240) has an unemployment rate of 6.7%. The US average is 6.0%.

East Carondelet (zip 62240) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.

Tax Rates for East Carondelet (zip 62240)
- The Sales Tax Rate for East Carondelet (zip 62240) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for East Carondelet (zip 62240) 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 East Carondelet (zip 62240)
- The average income of a East Carondelet (zip 62240) resident is $19,568 a year. The US average is $28,555 a year.
- The Median household income of a East Carondelet (zip 62240) resident is $50,217 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Carondelet, IllinoisUnited States
  6.76
  -6.7%-6.2%
  30.1%33.5%
  7.4%6.2%
  5.0%4.6%
  $17,701$37,638
  $50,217$69,021
  $60,000$85,028
  Population by Occupation
  0.0%1.2%
  13.6%0.5%
  4.5%6.8%
  11.2%10.0%
  1.8%2.5%
  20.7%11.0%
  3.7%4.8%
  0.0%0.8%
  0.3%1.9%
  2.2%4.7%
  0.2%1.9%
  2.2%7.6%
  0.0%0.1%
  6.4%4.2%
  8.2%9.3%
  3.6%14.0%
  1.5%2.1%
  17.2%7.0%
  2.2%4.8%
  0.3%4.7%
Health