62673 Oakford, IL is a charming small town in central Illinois. Residents are able to take advantage of the low 2 bedroom rent of just $770 per month. This makes renting in Oakford very affordable and attractive for those looking for a more relaxed lifestyle. In terms of local businesses, Oakford boasts a variety of stores such as the Copper Creek Grocery Store, Ace Hardware, and the Oakford Pharmacy. The cost of groceries in Oakford is considerably lower than the national average according to the Grocery Cost Index which stands at 92 compared to 100 on a national level.
Oakford (zip 62673) has an unemployment rate of 5.0%. The US average is 6.0%.
Oakford (zip 62673) has seen the job market decrease by -7.6% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Oakford (zip 62673)
- The Sales Tax Rate for Oakford (zip 62673) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Oakford (zip 62673) 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 Oakford (zip 62673)
- The average income of a Oakford (zip 62673) resident is $33,533 a year. The US average is $37,638 a year.
- The Median household income of a Oakford (zip 62673) resident is $61,667 a year. The US average is $69,021 a year.