Oblong, IL (ZIP Code 62449) is a small rural town located in Crawford County. The estimated population of Oblong is 2,099 people, which has seen a decrease since 2000. The median home value in Oblong is $57,800 and the median rent for a two bedroom apartment is $750 per month. This is far lower than the national average of $1,430. Shopping for groceries may also be more affordable in Oblong as the Grocery Cost Index is 92 compared to 100 nationally.
The local economy in Oblong largely depends on agricultural industry and there are several local companies that support this sector, such as Lakeview Farms Inc., J&M Farms Inc., and Family Farms Group LLC. Residents in Oblong can also find employment in other industries like healthcare or retail at places like Richland Memorial Hospital or CVS Pharmacy. Overall, while not densely populated, Oblong still has an active economic landscape with many opportunities to work and cultivate businesses within its community.
Oblong (zip 62449) has an unemployment rate of 5.6%. The US average is 6.0%.
Oblong (zip 62449) 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 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Oblong (zip 62449)
- The Sales Tax Rate for Oblong (zip 62449) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Oblong (zip 62449) 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 Oblong (zip 62449)
- The average income of a Oblong (zip 62449) resident is $29,921 a year. The US average is $37,638 a year.
- The Median household income of a Oblong (zip 62449) resident is $52,213 a year. The US average is $69,021 a year.