Zip 62554 (Oreana, IL) Economy


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United States / Illinois / Decatur Metro Area / Macon County / No City / Oreana (zip 62554)
Oreana, Illinois is a small town located in Macon County with a population of 62554. It is known for its rural landscape and close-knit community. Renting a two bedroom apartment costs around $920, which is considerably less than the US average of $1,430. The cost of living overall is lower than the national index at 93 versus 100, making Oreana an affordable place to live. Local businesses in the area include Big Johns Pizza, Brown's Automotive Repair, and Haynie Landscaping & Garden Center. Oreana may be small but it has all the amenities necessary for a comfortable life.

Oreana (zip 62554) has an unemployment rate of 8.6%. The US average is 6.0%.

Oreana (zip 62554) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Oreana (zip 62554)
- The Sales Tax Rate for Oreana (zip 62554) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Oreana (zip 62554) 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 Oreana (zip 62554)
- The average income of a Oreana (zip 62554) resident is $32,881 a year. The US average is $28,555 a year.
- The Median household income of a Oreana (zip 62554) resident is $81,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOreana, IllinoisUnited States
  8.66
  -8.2%-6.2%
  23.5%33.5%
  7.8%6.2%
  5.0%4.6%
  $34,318$37,638
  $81,833$69,021
  $93,125$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  3.8%6.8%
  22.2%10.0%
  0.7%2.5%
  13.2%11.0%
  8.8%4.8%
  0.0%0.8%
  0.0%1.9%
  8.4%4.7%
  0.2%1.9%
  3.3%7.6%
  0.0%0.1%
  1.7%4.2%
  10.5%9.3%
  8.3%14.0%
  0.3%2.1%
  3.0%7.0%
  9.2%4.8%
  6.2%4.7%
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