Hamel, IL is a small town in Madison County located about 15 miles northeast of St. Louis. It has an estimated population of 62046 people according to the 2019 US Census. The average 2-bedroom rent is $970, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Hamel is 97 compared to 100 in the US as a whole.
Hamel offers a variety of local companies, restaurants and attractions for its residents to enjoy. Notable companies include Frontier Communications and Ameren Illinois Utility Company while popular restaurants include Brandt's Cafe and Pizza Palace. For those looking for something fun to do, Indulgence Winery and Highland Park are great options with plenty of outdoor activities like boating, fishing and hiking to take part in throughout the year.
Hamel (zip 62046) has an unemployment rate of 5.4%. The US average is 6.0%.
Hamel (zip 62046) 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 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Hamel (zip 62046)
- The Sales Tax Rate for Hamel (zip 62046) is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hamel (zip 62046) 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 Hamel (zip 62046)
- The average income of a Hamel (zip 62046) resident is $32,692 a year. The US average is $37,638 a year.
- The Median household income of a Hamel (zip 62046) resident is $71,333 a year. The US average is $69,021 a year.