Fairfield, IL is a small town of 62837 people located in Wayne County. It is known for its low rental and living costs which makes it a great place to live on a budget. The average two bedroom rent in Fairfield is $750 compared to the national average of $1,430, making it an incredibly affordable option for those looking to save money. Additionally, the grocery cost index here is 92 versus 100 in the US. Local companies in Fairfield include Fairfield Veterinary Clinic, Kress Automotive, Ozark Lumber Company and S&M Fabricators, Inc., all of which offer services to the local community and beyond.
Fairfield (zip 62837) has an unemployment rate of 5.4%. The US average is 6.0%.
Fairfield (zip 62837) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Fairfield (zip 62837)
- The Sales Tax Rate for Fairfield (zip 62837) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield (zip 62837) 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 Fairfield (zip 62837)
- The average income of a Fairfield (zip 62837) resident is $28,725 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield (zip 62837) resident is $52,802 a year. The US average is $69,021 a year.