Zip 62075 (Nokomis, IL) Economy


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United States / Illinois / No Metro Area / Montgomery County / No City / Nokomis (zip 62075)
Nokomis, IL (62075) is a small community located in Central Illinois about 30 miles northeast of Springfield. With a population of just under 2,000 people, it is a great place for those looking for a more relaxed pace of life. The town offers plenty of amenities to its residents including various local businesses and restaurants.The median two-bedroom rent in Nokomis is $690 which is significantly lower than the US average two-bedroom rent which is $1,430. Grocery costs are also lower than the national average as indexed by the cost of living index with a score of 91 compared to 100 in the US.
Famous local companies include MSW Inc., Primitive Traditions, and Deer Creek Plastics. Notable landmarks in the area include Nokomis City Park and Lake Niko Golf Course while some popular areas for outdoor activities are Panther Creek State Park and Kaskaskia River State Fish & Wildlife Area. The town’s location makes it easily accessible from all parts of Central Illinois and nearby areas like Decatur and Edwardsville as well as other cities like Springfield and Champaign-Urbana.

Nokomis (zip 62075) has an unemployment rate of 6.4%. The US average is 6.0%.

Nokomis (zip 62075) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Nokomis (zip 62075)
- The Sales Tax Rate for Nokomis (zip 62075) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Nokomis (zip 62075) 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 Nokomis (zip 62075)
- The average income of a Nokomis (zip 62075) resident is $33,057 a year. The US average is $37,638 a year.
- The Median household income of a Nokomis (zip 62075) resident is $61,354 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNokomis, IllinoisUnited States
    Unlock6
    Unlock-6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
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    Unlock1.9%
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    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
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    Unlock4.7%
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