Zip 62964 (Mounds, IL) Economy


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United States / Illinois / No Metro Area / Pulaski County / Mounds / Mounds (zip 62964)
62964 Mounds, IL is a small town in Pulaski County. The median 2 Bedroom rent in the area is $700, significantly lower than the US median 2 Bedroom rent of $1,430. This makes Mounds an attractive option for those looking for more affordable housing options. Local companies offering housing in Mounds include Millikin Place Apartments and Dixon Properties LLC. In terms of groceries costs, the Grocery Cost Index in Mounds is 92 versus 100 in the US. This means that groceries are slightly cheaper for people living in Mounds compared to other parts of the country.

Mounds (zip 62964) has an unemployment rate of 10.3%. The US average is 6.0%.

Mounds (zip 62964) has seen the job market increase by 4.8% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Mounds (zip 62964)
- The Sales Tax Rate for Mounds (zip 62964) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mounds (zip 62964) 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 Mounds (zip 62964)
- The average income of a Mounds (zip 62964) resident is $17,142 a year. The US average is $28,555 a year.
- The Median household income of a Mounds (zip 62964) resident is $32,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMounds, IllinoisUnited States
  10.36
  -14.6%-6.2%
  32.0%33.5%
  6.3%6.2%
  5.0%4.6%
  $17,266$37,638
  $32,594$69,021
  $38,352$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.0%6.8%
  14.3%10.0%
  12.0%2.5%
  0.0%11.0%
  2.0%4.8%
  1.3%0.8%
  2.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  9.0%4.2%
  10.3%9.3%
  43.5%14.0%
  0.0%2.1%
  1.3%7.0%
  1.0%4.8%
  1.3%4.7%
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