Zip 62838 (Farina, IL) Economy


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United States / Illinois / No Metro Area / Fayette County / No City / Farina (zip 62838)
62838 Farina, IL is a small town with a population of about 450 people. It is located in Fayette County and has a distinctly rural feel. The housing market is relatively affordable compared to the US average, with two bedroom rentals averaging around $680 per month. Local businesses include Main Street Pharmacy, Paris Grocery & Deli, and Jack's Barbecue. The cost of groceries is also lower than the US national average by 8%. All in all, 62838 Farina, IL offers locals an affordable alternative to larger cities while still providing many essential amenities.

Farina (zip 62838) has an unemployment rate of 6.2%. The US average is 6.0%.

Farina (zip 62838) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Farina (zip 62838)
- The Sales Tax Rate for Farina (zip 62838) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Farina (zip 62838) 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 Farina (zip 62838)
- The average income of a Farina (zip 62838) resident is $27,574 a year. The US average is $37,638 a year.
- The Median household income of a Farina (zip 62838) resident is $57,266 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarina, 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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