62056 Litchfield, IL is located in Montgomery County and offers a variety of attractive amenities. The average 2 bedroom rent in this area is $800 which is much lower than the US average of $1,430. The Grocery Cost Index here is also quite reasonable at 92 versus the national average of 100.
The city of 62056 Litchfield, IL is home to several businesses such as U-Haul Moving & Storage, MidWestOne Bank-Litchfield Branch, Hardee's and Papa Murphy's Take 'N' Bake Pizza. Residents can also enjoy local amenities such as the Stonewater Golf Course, Lake Lou Yaeger and the Litchfield Historic District. With so much to offer at such a low cost of living, 62056 Litchfield, IL is an ideal place for families to live and enjoy a high quality of life.
Litchfield (zip 62056) has an unemployment rate of 6.4%. The US average is 6.0%.
Litchfield (zip 62056) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Litchfield (zip 62056)
- The Sales Tax Rate for Litchfield (zip 62056) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Litchfield (zip 62056) 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 Litchfield (zip 62056)
- The average income of a Litchfield (zip 62056) resident is $29,044 a year. The US average is $37,638 a year.
- The Median household income of a Litchfield (zip 62056) resident is $55,763 a year. The US average is $69,021 a year.