Zip 62080 (Ramsey, IL) Economy


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United States / Illinois / No Metro Area / Fayette County / No City / Ramsey (zip 62080)
Ramsey, IL is a small town with a population of 62080 and is located in Fayette County. It is an affordable place to live with the average 2 bedroom rent being only $770 compared to the US 2 bedroom rate of $1,430. The cost of groceries here are also cheaper than the US average with a Grocery Cost Index of 93 versus 100 in the US.
The city offers plenty of local businesses such as The Ramsey Café, which serves delicious American cuisine; Cline Hardware Store offering all your hardware needs; and Team Automotive Group for automotive service. There are also many other services such as medical clinics, banks, dental offices, salons and spas. Residents can find everything they need while staying close to home.

Ramsey (zip 62080) has an unemployment rate of 6.2%. The US average is 6.0%.

Ramsey (zip 62080) has seen the job market increase by 1.2% 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 Ramsey (zip 62080)
- The Sales Tax Rate for Ramsey (zip 62080) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Ramsey (zip 62080) 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 Ramsey (zip 62080)
- The average income of a Ramsey (zip 62080) resident is $21,873 a year. The US average is $28,555 a year.
- The Median household income of a Ramsey (zip 62080) resident is $48,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRamsey, IllinoisUnited States
  6.26
  -5.7%-6.2%
  25.0%33.5%
  7.3%6.2%
  5.0%4.6%
  $23,266$37,638
  $48,438$69,021
  $59,750$85,028
  Population by Occupation
  10.5%1.2%
  0.6%0.5%
  10.7%6.8%
  17.8%10.0%
  1.4%2.5%
  5.3%11.0%
  2.5%4.8%
  1.0%0.8%
  0.9%1.9%
  0.9%4.7%
  0.7%1.9%
  3.1%7.6%
  0.0%0.1%
  1.1%4.2%
  7.7%9.3%
  15.9%14.0%
  0.0%2.1%
  8.9%7.0%
  4.1%4.8%
  6.7%4.7%
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