Zip 62848 (Irvington, IL) Economy


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United States / Illinois / No Metro Area / Washington County / No City / Irvington (zip 62848)
62848 Irvington, IL is a great place to call home. Located in Madison County, Irvington offers diverse housing options for all lifestyles and budgets. The average cost of a two-bedroom rent in the area is $760, which is significantly lower than the US average of $1,430. Additionally, groceries are more affordable with an index of 93 compared to 100 in the US.
Irvington offers plenty of nearby amenities and entertainment for residents. In addition to local parks nearby such as Lakeview Park and Roper Park, there are several restaurants like Baxters Downtown Grill & Bar or Corner Bakery Cafe serving tasty dishes that locals rave about. Shopping options include major retailers such as Wal-Mart and CVS Pharmacy for everyday needs. For those who enjoy outdoor recreation activities, there's a golf course within 10 miles from town center too!
Overall, Irvington makes a great home for those looking for an affordable place to live with easy access to local businesses and entertainment. With its low rent prices and abundance of amenities nearby, it is no surprise that this is one of the most desirable places to live in Madison County.

Irvington (zip 62848) has an unemployment rate of 2.7%. The US average is 6.0%.

Irvington (zip 62848) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.

Tax Rates for Irvington (zip 62848)
- The Sales Tax Rate for Irvington (zip 62848) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Irvington (zip 62848) 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 Irvington (zip 62848)
- The average income of a Irvington (zip 62848) resident is $28,582 a year. The US average is $37,638 a year.
- The Median household income of a Irvington (zip 62848) resident is $60,096 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIrvington, 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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