Manchester, Illinois (zip code 62663) is located in Scott County and has a relatively low cost of living compared to the national average. The city's two bedroom rent comes in at $690 per month which is $740 less than the U.S two bedroom rent of $1,430. Similarly, Manchester’s Grocery Cost Index is 92 compared to the U.S average of 100. This makes it an attractive place for those looking for a more affordable lifestyle. Manchester is home to several local businesses such as Koker Enterprises Inc., Liverpool Produce Inc., Eddington Farms, and El Oasis Mexican Restaurant & Pizzeria. Residents of this friendly community enjoy a low-cost way of life while experiencing all that the rural area has to offer.
Manchester (zip 62663) has an unemployment rate of 6.0%. The US average is 6.0%.
Manchester (zip 62663) has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Manchester (zip 62663)
- The Sales Tax Rate for Manchester (zip 62663) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 62663) 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 Manchester (zip 62663)
- The average income of a Manchester (zip 62663) resident is $34,631 a year. The US average is $37,638 a year.
- The Median household income of a Manchester (zip 62663) resident is $56,250 a year. The US average is $69,021 a year.