Zip 62539 (Illiopolis, IL) Economy


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United States / Illinois / Springfield Metro Area / Sangamon County / No City / Illiopolis (zip 62539)
Illiopolis, IL is a small village located in Sangamon County. With a population of 625 people, Illiopolis is a tight-knit community that offers plenty of local amenities to its citizens. 2 bedroom rent in Illiopolis averages around $870, which is lower than the US average of $1,430. Additionally, groceries are significantly less expensive here versus other locations with an index score of 92.
For employment opportunities, there are two main employers in Illiopolis: First Federal Savings Bank and Blunier Grain Company. Both companies offer great job opportunities to locals and contribute to the town’s economy. For recreational activities, residents can enjoy spending time at the Mill Pond Park or visiting the annual Octo-FEST that takes place each fall. With plenty of local attractions and low living costs, it's no wonder why so many people are considering making Illiopolis their home.

Illiopolis (zip 62539) has an unemployment rate of 6.3%. The US average is 6.0%.

Illiopolis (zip 62539) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Illiopolis (zip 62539)
- The Sales Tax Rate for Illiopolis (zip 62539) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Illiopolis (zip 62539) 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 Illiopolis (zip 62539)
- The average income of a Illiopolis (zip 62539) resident is $27,330 a year. The US average is $37,638 a year.
- The Median household income of a Illiopolis (zip 62539) resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIlliopolis, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    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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