62431 Herrick, IL is a small rural town located in Shelby County. It has a population of only around 400 people, and it offers many local amenities like small family-owned businesses, churches, a few schools and other attractions to suit the needs of the community. There are several local businesses in 62431 Herrick such as H&H Grocery Store, Herrick Auto Sales and Repair shop, and The Corner Diner; these all provide great services to the residents of Herrick. For schooling in the area there are Windsor High School/Elementary and St. Rose of Lima Catholic School which offer excellent education options for students. Popular attractions near 62431 Herrick include Lake Shelbyville where visitors can take part in outdoor activities such as camping, fishing and boating; also nearby is Kaskaskia River State Fish & Wildlife Area where hikers can explore over 5500 acres of woodlands and prairies. With affordable 2 bedroom rent prices at $770 per month compared to the US average of $1430 per month, plus a grocery cost index at 91 versus 100 for the US; 62431 Herrick makes an ideal home for those looking for low cost living with plenty of local amenities nearby.
Herrick (zip 62431) has an unemployment rate of 4.8%. The US average is 6.0%.
Herrick (zip 62431) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Herrick (zip 62431)
- The Sales Tax Rate for Herrick (zip 62431) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Herrick (zip 62431) 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 Herrick (zip 62431)
- The average income of a Herrick (zip 62431) resident is $25,542 a year. The US average is $37,638 a year.
- The Median household income of a Herrick (zip 62431) resident is $54,236 a year. The US average is $69,021 a year.