62841 Freeman Spur, IL is a great place to live due its low living costs. The two bedroom rent in this area is $800, which is significantly lower than the US average of $1,430. Its grocery cost index is 92 versus the US index of 100, making it an affordable and attractive place for individuals and families seeking a welcoming local community. This area also offers various local amenities including parks, businesses, schools and restaurants. Residents can enjoy outdoor activities at City Park or attend cultural events at the Red Carpet Theatre. There are also several stores such as Dollar General and local restaurants like J&R BBQ that serve delicious regional cuisine.
Freeman Spur (zip 62841) has an unemployment rate of 6.2%. The US average is 6.0%.
Freeman Spur (zip 62841) 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 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Freeman Spur (zip 62841)
- The Sales Tax Rate for Freeman Spur (zip 62841) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Freeman Spur (zip 62841) 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 Freeman Spur (zip 62841)
- The average income of a Freeman Spur (zip 62841) resident is $18,247 a year. The US average is $37,638 a year.
- The Median household income of a Freeman Spur (zip 62841) resident is $52,857 a year. The US average is $69,021 a year.