Omaha, IL (62871) is a small town in Illinois with a population of around 1,300 people. The rent for two bedroom apartments is $680, which is much lower than the US average of $1,430. Additionally, grocery cost index in Omaha is 92 whereas the US average index stands at 100.
Omaha offers a wide range of businesses catering to its local population that include names such as Tim Smith Store, Mustard Seed Farm & Garden Center, Glascock County Grocery & Supply and Darrin's Auto Repair. These businesses provide opportunities for both employment and shopping convenience for local residents.
When comparing Omaha to other areas in the US more broadly, we can see that it offers much lower rental prices and groceries costs are also significantly lower than the national average. This makes Omaha an attractive option as a place to live with the added bonus of affordable amenities that local companies provide.
Omaha (zip 62871) has an unemployment rate of 6.4%. The US average is 6.0%.
Omaha (zip 62871) has seen the job market decrease by -17.2% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.
Tax Rates for Omaha (zip 62871)
- The Sales Tax Rate for Omaha (zip 62871) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Omaha (zip 62871) 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 Omaha (zip 62871)
- The average income of a Omaha (zip 62871) resident is $31,438 a year. The US average is $37,638 a year.
- The Median household income of a Omaha (zip 62871) resident is $71,023 a year. The US average is $69,021 a year.