Flat Rock, Illinois is located in Jefferson County and has a population of 62427. The estimated 2 bedroom rent for this area is $670 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Flat Rock is 94 versus 100 in the US. This shows that there are cost savings associated with living in Flat Rock compared to other parts of the nation.
If you're looking to move to Flat Rock, IL you could visit local businesses such as Mr T's Auto Repair, Patoka C Store & Fishing Resort, or Coffee Pot Bakery & Deli to get an understanding of what life looks like in this small town. With lower rental costs and grocery prices than the national average coupled with friendly local businesses it's easy to see why this area is popular amongst families looking for affordable housing options.
Flat Rock (zip 62427) has an unemployment rate of 5.6%. The US average is 6.0%.
Flat Rock (zip 62427) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Flat Rock (zip 62427)
- The Sales Tax Rate for Flat Rock (zip 62427) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Flat Rock (zip 62427) 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 Flat Rock (zip 62427)
- The average income of a Flat Rock (zip 62427) resident is $28,477 a year. The US average is $37,638 a year.
- The Median household income of a Flat Rock (zip 62427) resident is $61,987 a year. The US average is $69,021 a year.