Odin, Illinois is a small village located in Marion County with a population of 628 people. This rural town boasts low housing costs, with the average 2 bedroom rent being just $680 dollars per month — significantly lower than the national average of $1,430. Odin also benefits from a below-average Grocery Cost Index of 92 compared to the US average of 100. Despite its small size and population, Odin offers plenty for residents to enjoy with local companies such as Abbey Carpet & Floor, Odin Lumber & Grain Co., and Chrisman Veterinary Clinic providing quality products and services to the community.
Odin (zip 62870) has an unemployment rate of 6.2%. The US average is 6.0%.
Odin (zip 62870) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Odin (zip 62870)
- The Sales Tax Rate for Odin (zip 62870) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Odin (zip 62870) 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 Odin (zip 62870)
- The average income of a Odin (zip 62870) resident is $21,449 a year. The US average is $28,555 a year.
- The Median household income of a Odin (zip 62870) resident is $50,774 a year. The US average is $69,021 a year.