Zip 62850 (Johnsonville, IL) Economy


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United States / Illinois / No Metro Area / Wayne County / No City / Johnsonville (zip 62850)
62850 Johnsonville, IL is a small rural town located in Montgomery County with a population of around 500 people. It offers a quiet and peaceful lifestyle with plenty of outdoor recreational activities. Businesses include local stores such as Johnsonville General Store, JV Country Grocery and Johnsonville Pizza Market as well as more specialized businesses like the Johnsonville Craftsmen Carpentry Shop. The cost of living in 62850 Johnsonville, IL is relatively low with an average 2 bedroom rent at only $820 compared to the national average of $1,430. Additionally, the grocery cost index for this area is 94 versus 100 for the US overall. All in all, 62850 Johnsonville, IL provides its residents with a comfortable standard of living at an affordable price.

Johnsonville (zip 62850) has an unemployment rate of 5.4%. The US average is 6.0%.

Johnsonville (zip 62850) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.

Tax Rates for Johnsonville (zip 62850)
- The Sales Tax Rate for Johnsonville (zip 62850) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Johnsonville (zip 62850) 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 Johnsonville (zip 62850)
- The average income of a Johnsonville (zip 62850) resident is $21,352 a year. The US average is $28,555 a year.
- The Median household income of a Johnsonville (zip 62850) resident is $87,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJohnsonville, IllinoisUnited States
  5.46
  -6.8%-6.2%
  6.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $15,350$37,638
  $87,950$69,021
  $88,929$85,028
  Population by Occupation
  48.9%1.2%
  0.0%0.5%
  0.5%6.8%
  8.2%10.0%
  0.0%2.5%
  0.0%11.0%
  9.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.0%9.3%
  7.6%14.0%
  0.0%2.1%
  4.3%7.0%
  0.0%4.8%
  0.0%4.7%
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