Lebanon, IL is an ideal place to live with a population of 6,2254 people. The two bedroom rent is surprisingly low at $990 compared to the US two bedroom rent of $1,430 making it affordable for all. Grocery costs are also relatively low with an index of 95 compared to 100 in the US. The small town provides access to amenities such as local restaurants like Joe's Place and Mac's Pizzeria, a farmer's market, small shops and boutiques like Betty's Boutique and John's Department Store, and exciting attractions like the Snapper Park Zoo and the Iron Creek Marina.
Lebanon (zip 62254) has an unemployment rate of 6.7%. The US average is 6.0%.
Lebanon (zip 62254) has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon (zip 62254)
- The Sales Tax Rate for Lebanon (zip 62254) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Lebanon (zip 62254) 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 Lebanon (zip 62254)
- The average income of a Lebanon (zip 62254) resident is $32,022 a year. The US average is $37,638 a year.
- The Median household income of a Lebanon (zip 62254) resident is $80,663 a year. The US average is $69,021 a year.