Zip 62844 (Grayville, IL) Economy


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United States / Illinois / No Metro Area / White County / Grayville / Grayville (zip 62844)
Grayville, Illinois is a small village located in White County, with a population of 628 people. This is a great place to enjoy the peacefulness of rural living. The two-bedroom rental cost in Grayville is $680 which is lower than the average two-bedroom rental cost for the US which is $1,430. The Grocery Cost Index for Grayville is 92 versus 100 in the US. Local companies include Grayville Grain Company and Brummer Electric Inc., which employ many of the villagers. Grayville also has many churches including First Baptist Church and Salem United Methodist Church. For those looking for affordable living away from busy cities, Grayville may be an ideal choice.

Grayville (zip 62844) has an unemployment rate of 5.6%. The US average is 6.0%.

Grayville (zip 62844) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Grayville (zip 62844)
- The Sales Tax Rate for Grayville (zip 62844) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Grayville (zip 62844) 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 Grayville (zip 62844)
- The average income of a Grayville (zip 62844) resident is $22,013 a year. The US average is $28,555 a year.
- The Median household income of a Grayville (zip 62844) resident is $55,789 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrayville, IllinoisUnited States
  5.66
  -11.2%-6.2%
  20.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $26,509$37,638
  $55,789$69,021
  $64,830$85,028
  Population by Occupation
  4.4%1.2%
  12.5%0.5%
  8.5%6.8%
  16.0%10.0%
  3.6%2.5%
  8.7%11.0%
  8.8%4.8%
  0.0%0.8%
  0.3%1.9%
  0.9%4.7%
  0.3%1.9%
  1.0%7.6%
  0.0%0.1%
  0.4%4.2%
  3.1%9.3%
  11.0%14.0%
  0.6%2.1%
  15.0%7.0%
  1.1%4.8%
  3.8%4.7%
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