Zip 62833 (Ellery, IL) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Illinois / No Metro Area / Edwards County / No City / Ellery (zip 62833)
62833 Ellery, IL is a great place to live with low housing costs. The 2 bedroom rent in this small town is only $680, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index in 62833 Ellery is 98 versus the US average of 100, meaning that groceries are slightly cheaper. There are several local businesses located in 62833 Ellery such as Smith’s Cafe, Gilliam Lumber Company, and Little Hardware Store. The low cost of living makes 62833 Ellery a great place to live and work for families looking for affordable housing and access to amenities.

Ellery (zip 62833) has an unemployment rate of 5.3%. The US average is 6.0%.

Ellery (zip 62833) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Ellery (zip 62833)
- The Sales Tax Rate for Ellery (zip 62833) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Ellery (zip 62833) 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 Ellery (zip 62833)
- The average income of a Ellery (zip 62833) resident is $40,934 a year. The US average is $28,555 a year.
- The Median household income of a Ellery (zip 62833) resident is $67,708 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllery, IllinoisUnited States
  5.36
  -5.6%-6.2%
  19.4%33.5%
  7.3%6.2%
  5.0%4.6%
  $32,005$37,638
  $67,708$69,021
  $68,958$85,028
  Population by Occupation
  6.0%1.2%
  0.0%0.5%
  5.4%6.8%
  22.0%10.0%
  0.0%2.5%
  7.7%11.0%
  9.5%4.8%
  0.0%0.8%
  0.0%1.9%
  9.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.1%4.2%
  12.5%9.3%
  12.5%14.0%
  0.0%2.1%
  0.0%7.0%
  7.7%4.8%
  0.0%4.7%
Health