Zip 62340 (Griggsville, IL) Economy


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United States / Illinois / No Metro Area / Pike County / No City / Griggsville (zip 62340)
62340 Griggsville, IL is a small city located near the Illinois-Missouri state border in Pike County. The city has an estimated population of 877 people, with a median household income of $33,762. 2 Bedroom Rent in Griggsville costs an average of $710 per month, which is much lower than the national average of $1,430. Grocery Cost Index in Griggsville is also lower than the national average at 92 versus 100 in the US.
Griggsville offers many local businesses such as Julie’s Beauty Shop which provides haircuts and styling services for all ages; Bushberg’s Supper Club that serves amazing American cuisine; and NAPA Auto Parts offering car parts and accessories. There are also plenty of fun activities around town such as visiting the Liberty Bell Museum, hiking through Trails at Pierce Lake Park, or playing golf at Riverside Golf Course.
It's interesting to note that Griggsville was first incorporated in 1854 but was later disbanded due to lack of funds to keep it running. However, it was re-established just over 20 years later in 1876 and has been up and running ever since!

Griggsville (zip 62340) has an unemployment rate of 4.8%. The US average is 6.0%.

Griggsville (zip 62340) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.

Tax Rates for Griggsville (zip 62340)
- The Sales Tax Rate for Griggsville (zip 62340) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Griggsville (zip 62340) 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 Griggsville (zip 62340)
- The average income of a Griggsville (zip 62340) resident is $26,794 a year. The US average is $37,638 a year.
- The Median household income of a Griggsville (zip 62340) resident is $43,036 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGriggsville, IllinoisUnited States
    Unlock6
    Unlock-6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
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    Unlock4.7%
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