Louisville, Illinois is an attractive area to move to for its economic advantages. With an estimated population of 62858 people, Louisville offers a range of housing options that are quite affordable. The average 2 bedroom rent in this city is only $850 compared to the US average of $1,430. Additionally, Louisville boasts a very favorable grocery cost index of 92 compared to the national average of 100.
The city has plenty of local companies offering employment opportunities as well as great amenities for residents. These include places such as Wal-Mart Supercenter, Fastenal Co., Casey’s General Store and CSC Industries Inc., among many others. For recreation, there are parks like Louisville Community Park with its playground equipment, tennis courts and picnic areas; or there's the Pineview Golf Course with its 18 hole course set on rolling terrain. There is also a diverse selection of shopping centers such as Clay County Plaza and Clay Point Shopping Center for everything from groceries to clothing and much more.
Louisville (zip 62858) has an unemployment rate of 6.2%. The US average is 6.0%.
Louisville (zip 62858) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Louisville (zip 62858)
- The Sales Tax Rate for Louisville (zip 62858) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Louisville (zip 62858) 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 Louisville (zip 62858)
- The average income of a Louisville (zip 62858) resident is $26,965 a year. The US average is $37,638 a year.
- The Median household income of a Louisville (zip 62858) resident is $54,830 a year. The US average is $69,021 a year.