Zip 62948 (Herrin, IL) Economy


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62948 Herrin, IL is a small city located in Williamson County with a population of 8,285. It has a low cost of living and 2 bedroom rentals average $900. The US average for 2 bedroom rentals is $1,430 and the Grocery Cost Index in Herrin is 91 versus 100 in the US. There are several local businesses in the area such as Bowman & Miller Construction Co., Delaney Electric Inc., and Herrin Transport Inc. Residents enjoy the small town feel while having access to all the amenities they need.

Herrin (zip 62948) has an unemployment rate of 6.2%. The US average is 6.0%.

Herrin (zip 62948) 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 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Herrin (zip 62948)
- The Sales Tax Rate for Herrin (zip 62948) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Herrin (zip 62948) 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 Herrin (zip 62948)
- The average income of a Herrin (zip 62948) resident is $28,966 a year. The US average is $37,638 a year.
- The Median household income of a Herrin (zip 62948) resident is $47,581 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHerrin, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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