62249 Highland, IL is a charming small town located in Madison County, Illinois. With a population of around 8,900 people, the town offers small-town living with all the convenience and amenities of larger cities. The average two bedroom rent in 62249 Highland, IL is $900, which is significantly less than the US average of $1,430. Additionally, groceries cost less in 62249 Highland due to its low Grocery Cost Index of 97 versus 100 in the US. Local businesses that can be found in 62249 Highland include JT’s Barber Shop, Dynamic Automotive and Tires LLC, Prime Time Music Studios, and Soo La Ma Nail Salon & Spa. These local companies provide a variety of services to residents and visitors alike.
Highland (zip 62249) has an unemployment rate of 5.4%. The US average is 6.0%.
Highland (zip 62249) 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 Highland (zip 62249)
- The Sales Tax Rate for Highland (zip 62249) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Highland (zip 62249) 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 Highland (zip 62249)
- The average income of a Highland (zip 62249) resident is $40,584 a year. The US average is $37,638 a year.
- The Median household income of a Highland (zip 62249) resident is $83,043 a year. The US average is $69,021 a year.