Zip 62958 (Makanda, IL) Economy


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In Makanda, IL (Zip code 62958), the average two-bedroom rent is $840, which is considerably lower than the US average of $1,430. The grocery cost index in Makanda stands at 95 compared to 100 in the US. Local companies in Makanda include Makanda Mercantile, Serving U Properties, Shady Rest Saloon & BBQ, and Steve’s Place Antiques & Gifts. Each business serves as an economic hub for the community and offers a unique selection of goods and services to residents.

Makanda (zip 62958) has an unemployment rate of 5.9%. The US average is 6.0%.

Makanda (zip 62958) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.

Tax Rates for Makanda (zip 62958)
- The Sales Tax Rate for Makanda (zip 62958) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Makanda (zip 62958) 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 Makanda (zip 62958)
- The average income of a Makanda (zip 62958) resident is $34,930 a year. The US average is $37,638 a year.
- The Median household income of a Makanda (zip 62958) resident is $70,848 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMakanda, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    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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