Eldred, IL (62027) is a small town located in Greene County. It is situated near major cities like Springfield, Alton and St Louis. The cost of living in Eldred is quite low compared to the US average with a Grocery Cost Index of 94 versus 100 in the US. For example, 2 Bedroom rent in Eldred is $700 whereas the national average 2 Bedroom Rent is $1,430. \nLocal companies such as G&D Trucking Inc., S & R Fertilizer Service Inc., and High Tech Repair & Supply LLC are some of the local businesses found in Eldred that offer services to residents in the area. The Cost of Living Index for Eldred is 65.6, which is much lower than the US average of 100.
Eldred (zip 62027) has an unemployment rate of 5.0%. The US average is 6.0%.
Eldred (zip 62027) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Eldred (zip 62027)
- The Sales Tax Rate for Eldred (zip 62027) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Eldred (zip 62027) 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 Eldred (zip 62027)
- The average income of a Eldred (zip 62027) resident is $33,342 a year. The US average is $37,638 a year.
- The Median household income of a Eldred (zip 62027) resident is $71,000 a year. The US average is $69,021 a year.