62447 Neoga, IL is a small village in central Illinois with a population of 1,914 people. It is known for its quiet atmosphere and friendly community. In terms of housing, the average two-bedroom rent in 62447 Neoga is $830 which is much lower than the US average of $1,430. The grocery cost index in 62447 Neoga is 93 versus 100 in the US, making groceries more affordable. Local businesses include Garrett's Family Restaurant, Short Stop Discount Liquor Store, Douds Pawn Shop & Guns, and Wabash Valley Coins & Collectibles. Overall, 62447 Neoga has an affordable cost of living due to its lower rents and grocery prices compared to the US averages.
Neoga (zip 62447) has an unemployment rate of 5.0%. The US average is 6.0%.
Neoga (zip 62447) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Neoga (zip 62447)
- The Sales Tax Rate for Neoga (zip 62447) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Neoga (zip 62447) 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 Neoga (zip 62447)
- The average income of a Neoga (zip 62447) resident is $34,127 a year. The US average is $37,638 a year.
- The Median household income of a Neoga (zip 62447) resident is $84,417 a year. The US average is $69,021 a year.