Herod, IL is a small town located in Johnson County and has a population of 62947. The 2 bedroom rent in Herod is significantly lower than the US average, at $730 compared to $1,430. Grocery costs in Herod are also below the national index at 93 compared to 100.
Herod offers plenty of local companies for its residents including Tom's Bar and Grill, which serves up some of the best burgers around, as well as Heather's Hair Salon and Tubbs Automotive Repair, which offer a variety of services in town. There are also several small businesses scattered throughout such as the local pharmacy, hardware store and grocer. For those who need more extensive services, there is also an auto shop and service garage nearby.
Herod (zip 62947) has an unemployment rate of 5.7%. The US average is 6.0%.
Herod (zip 62947) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Herod (zip 62947)
- The Sales Tax Rate for Herod (zip 62947) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Herod (zip 62947) 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 Herod (zip 62947)
- The average income of a Herod (zip 62947) resident is $21,235 a year. The US average is $28,555 a year.
- The Median household income of a Herod (zip 62947) resident is $55,156 a year. The US average is $69,021 a year.