O'Fallon, IL is a vibrant city located in St. Clair County with a population of around 29,000. The cost of rent for a two bedroom home is slightly lower than the national average at $1,170 per month. Grocery costs in O'Fallon are also below average with an index of 99 compared to the national average of 100.
The local economy is supported by several major companies such as Amazon and Scott Air Force Base. Other notable businesses in O’Fallon include BJC HealthCare, Colonial Life Insurance Company, Barnes-Jewish St Peters Hospital, SSM Healthcare, St Louis Community College and McKendree University. Smaller local businesses include PrimeTime Entertainment, Abate Electric Inc., RCS Fire Protection and Baldwin Technology Solutions.
OFallon (zip 62269) has an unemployment rate of 5.2%. The US average is 6.0%.
OFallon (zip 62269) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for OFallon (zip 62269)
- The Sales Tax Rate for OFallon (zip 62269) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for OFallon (zip 62269) 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 OFallon (zip 62269)
- The average income of a OFallon (zip 62269) resident is $35,876 a year. The US average is $28,555 a year.
- The Median household income of a OFallon (zip 62269) resident is $91,298 a year. The US average is $69,021 a year.