62355 Nebo, IL is a small town in the Prairie State with a population of 534 people. The average 2 Bedroom rent here is $910 dollars, which is much lower than the US average of $1,430. This smaller price tag also extends to groceries, as the Grocery Cost Index in 62355 Nebo, IL is 91 versus 100 in the US. This makes it an ideal location for families and individuals looking for an affordable lifestyle. It also has some great local businesses such as The Filling Station Restaurant & Lounge, Henson's Country Store & Hardware, and Lefty's Pizza Parlor. These shops offer delicious food and products that local residents can find close to home without breaking their wallet.
Nebo (zip 62355) has an unemployment rate of 4.8%. The US average is 6.0%.
Nebo (zip 62355) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Nebo (zip 62355)
- The Sales Tax Rate for Nebo (zip 62355) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Nebo (zip 62355) 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 Nebo (zip 62355)
- The average income of a Nebo (zip 62355) resident is $24,438 a year. The US average is $37,638 a year.
- The Median household income of a Nebo (zip 62355) resident is $56,786 a year. The US average is $69,021 a year.