Modesto, IL, 62667 is an excellent place to live due to its affordability and low cost of living. The average 2 bedroom rent is $770, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Modesto is 91 compared to 100 in the US, further reflecting its affordability. Local businesses like Modesto Bar & Grill, Steeples Bar & Grill, B&W Market Deli & Liquor Store and Agrella's Grocery are popular amongst residents here. With all these benefits and amenities available in Modesto, it’s no wonder why so many people choose to live here.
Modesto (zip 62667) has an unemployment rate of 5.0%. The US average is 6.0%.
Modesto (zip 62667) 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 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Modesto (zip 62667)
- The Sales Tax Rate for Modesto (zip 62667) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Modesto (zip 62667) 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 Modesto (zip 62667)
- The average income of a Modesto (zip 62667) resident is $27,455 a year. The US average is $37,638 a year.
- The Median household income of a Modesto (zip 62667) resident is $54,646 a year. The US average is $69,021 a year.