Zip 61743 (Graymont, IL) Economy


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United States / Illinois / Pontiac Metro Area / Livingston County / No City / Graymont (zip 61743)
Graymont, IL is a small town in the United States with a population of 61743. The average 2 bedroom rent in Graymont is $820 per month, which is significantly lower than the national average of $1,430. The cost of living index for groceries in Graymont is also lower than the national average at 93 versus 100.
Graymont is home to a variety of small businesses such as Jack's Hardware Store and Jones' Grocery Market. There are also several restaurants such as Peterson's Pizza Parlor and Mom's Diner. As compared to businesses across the United States, Graymont offers much more affordable living costs and services. Therefore, families looking for a low-cost place to live should consider moving to Graymont.

Graymont (zip 61743) has an unemployment rate of 5.8%. The US average is 6.0%.

Graymont (zip 61743) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Graymont (zip 61743)
- The Sales Tax Rate for Graymont (zip 61743) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Graymont (zip 61743) 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 Graymont (zip 61743)
- The average income of a Graymont (zip 61743) resident is $30,023 a year. The US average is $28,555 a year.
- The Median household income of a Graymont (zip 61743) resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGraymont, IllinoisUnited States
  5.86
  -7.1%-6.2%
  20.6%33.5%
  7.3%6.2%
  5.0%4.6%
  $43,715$37,638
  $73,750$69,021
  $88,333$85,028
  Population by Occupation
  12.2%1.2%
  0.0%0.5%
  7.3%6.8%
  22.0%10.0%
  0.0%2.5%
  8.5%11.0%
  12.2%4.8%
  3.7%0.8%
  0.0%1.9%
  3.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  3.7%9.3%
  7.3%14.0%
  0.0%2.1%
  2.4%7.0%
  14.6%4.8%
  2.4%4.7%
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