62875 Patoka, IL is a small rural community located in Marion County, just south of Charleston. It offers affordable rental prices with the average 2 bedroom rent being $860, compared to the national average of $1,430. The cost of living is also considerably lower than the US average as evidenced by the Grocery Cost Index which stands at 93 versus 100 in the US. There are a few local companies that offer great services in 62875 Patoka, IL. For instance, Patoka Truck Body & Trailer Repair specializes in truck and trailer repairs while Anderson Electric provides reliable electrical services for residential and commercial clients. Farmers Insurance is another popular provider offering insurance solutions for car and home owners. People can also turn to Henderson's Pharmacy for all their healthcare needs or enjoy delicious food at The Country Peddler Steakhouse & Saloon.
Patoka (zip 62875) has an unemployment rate of 6.2%. The US average is 6.0%.
Patoka (zip 62875) has seen the job market decrease by -8.5% 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 Patoka (zip 62875)
- The Sales Tax Rate for Patoka (zip 62875) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Patoka (zip 62875) 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 Patoka (zip 62875)
- The average income of a Patoka (zip 62875) resident is $29,088 a year. The US average is $37,638 a year.
- The Median household income of a Patoka (zip 62875) resident is $59,479 a year. The US average is $69,021 a year.