Zip 62204 (East St. Louis, IL) Economy


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62204 East St. Louis, IL is an ideal place to call home. The rental cost of a two bedroom apartment in the area is an affordable $890 compared to the US average of $1,430, making it an attractive option for those on a budget. The Grocery Cost Index in the area sits at 90 compared to 100 in the US, ensuring that food shopping remains economical. This makes 62204 East St. Louis, IL a great neighborhood for saving money without sacrificing quality of life.
In terms of job opportunities and amenities, there are many local businesses in the area such as Charles Tinsley & Co., J&K Distributing Co., and Kato's Wine & Spirits providing plenty of employment opportunities for residents. Additionally nearby Cahokia Mounds State Historic Site and the Fox Theatre provide plenty of recreational activities in which to take part. All this combines to make 62204 East St. Louis, IL an excellent location to live or visit.

East St. Louis (zip 62204) has an unemployment rate of 12.0%. The US average is 6.0%.

East St. Louis (zip 62204) 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 62204)
- The Sales Tax Rate for East St. Louis (zip 62204) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for East St. Louis (zip 62204) 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 62204)
- The average income of a East St. Louis (zip 62204) resident is $15,680 a year. The US average is $37,638 a year.
- The Median household income of a East St. Louis (zip 62204) resident is $27,743 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast St. Louis, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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