Okawville, IL, is a small village located in Washington County and has a population of 62271. The average 2 Bedroom Rent here is lower than the US average at $840 compared to $1,430. There is also a noticeable difference in the Grocery Cost Index in Okawville versus the US as it stands at 95 compared to 100 respectively.
Okawville boasts a variety of local businesses such as Our Lady Queen of Peace Catholic Church, Okawville Feed & Seed Co., Bohnenstiehl Motors, Klemme's Meats, Schuette’s Meat Market and more. All these businesses contribute to the success of Okawville's economy while providing residents with goods and services.
Okawville (zip 62271) has an unemployment rate of 2.7%. The US average is 6.0%.
Okawville (zip 62271) has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Okawville (zip 62271)
- The Sales Tax Rate for Okawville (zip 62271) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Okawville (zip 62271) 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 Okawville (zip 62271)
- The average income of a Okawville (zip 62271) resident is $31,918 a year. The US average is $37,638 a year.
- The Median household income of a Okawville (zip 62271) resident is $63,500 a year. The US average is $69,021 a year.