62201 East St. Louis, IL is an excellent location for those looking to live in a vibrant community while staying within budget. With an average two-bedroom rent of $860 per month, the cost of living is much lower than the US average of $1,430 for two-bedrooms. It also has a grocery cost index of 91 which is considerably lower than the US average of 100. This city offers both affordability and convenience as it contains many local companies including; The Centreville Bank, The National City Bank, The First National Bank, and others that provide banking services to its residents. Not to mention the great dining options available in East St. Louis, such as; Creole Soul Cafe´ & Bakery, Horseshoe Lake BBQ & Grill and many more that offer delicious food at affordable prices. Additionally, with its close proximity to St. Louis it has endless activity options such as shopping malls, amusement parks and beaches that can be reached easily when you need a change of scenery on a day off or weekend trip away from home. With all these great benefits combined with its affordability makes 62201 East St. Louis a great option for people wanting to move away from their current city but still stay within budget and have access to great amenities nearby.
East St. Louis (zip 62201) has an unemployment rate of 12.0%. The US average is 6.0%.
East St. Louis (zip 62201) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for East St. Louis (zip 62201)
- The Sales Tax Rate for East St. Louis (zip 62201) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for East St. Louis (zip 62201) 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 St. Louis (zip 62201)
- The average income of a East St. Louis (zip 62201) resident is $14,862 a year. The US average is $37,638 a year.
- The Median household income of a East St. Louis (zip 62201) resident is $19,583 a year. The US average is $69,021 a year.