Zip 62067 (Moro, IL) Economy


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Moro, IL is a small rural town located in Madison County, with a population of about 62067. The average 2 bedroom rent in Moro is $860 compared to the US average of $1430 making it an affordable option for those looking to move. In addition to relatively inexpensive housing, groceries are also more affordable than the national average with an index score of 96 versus 100 in the US. Some local businesses that residents frequent include Riverboat Grocery, Moro Food Market, and B & J Supermarket. Residents can find a variety of items from produce and deli meats at these stores at reasonable prices that fit within their budget.

Moro (zip 62067) has an unemployment rate of 5.4%. The US average is 6.0%.

Moro (zip 62067) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Moro (zip 62067)
- The Sales Tax Rate for Moro (zip 62067) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Moro (zip 62067) 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 Moro (zip 62067)
- The average income of a Moro (zip 62067) resident is $28,433 a year. The US average is $28,555 a year.
- The Median household income of a Moro (zip 62067) resident is $76,164 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoro, IllinoisUnited States
  5.46
  -6.8%-6.2%
  31.5%33.5%
  6.9%6.2%
  5.0%4.6%
  $35,909$37,638
  $76,164$69,021
  $87,861$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  7.4%6.8%
  13.6%10.0%
  0.6%2.5%
  3.7%11.0%
  13.7%4.8%
  0.0%0.8%
  4.5%1.9%
  2.6%4.7%
  1.3%1.9%
  5.6%7.6%
  0.0%0.1%
  4.9%4.2%
  9.4%9.3%
  16.0%14.0%
  0.0%2.1%
  0.7%7.0%
  11.9%4.8%
  2.0%4.7%
Health