In Medora, IL (zip code 62063), the average 2 bedroom rent is $860 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Medora is 95 versus 100 in the US. This makes living expenses less expensive in Medora than other places with higher costs of living. Local companies such as Southgate Real Estate and Evergreen Realty offer 2 bedroom rental options for more affordable prices. A two bedroom apartment or house can be rented for an average of $870 a month, depending on amenities included.
Medora (zip 62063) has an unemployment rate of 4.7%. The US average is 6.0%.
Medora (zip 62063) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Medora (zip 62063)
- The Sales Tax Rate for Medora (zip 62063) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Medora (zip 62063) 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 Medora (zip 62063)
- The average income of a Medora (zip 62063) resident is $46,219 a year. The US average is $37,638 a year.
- The Median household income of a Medora (zip 62063) resident is $68,854 a year. The US average is $69,021 a year.