Zip 62882 (Sandoval, IL) Economy


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United States / Illinois / Centralia Metro Area / Marion County / No City / Sandoval (zip 62882)
62882 Sandoval, IL is a small town located in Marion County. It has an estimated population of 1.2 thousand people and is home to many businesses and services. The average 2 bedroom rent in 62882 Sandoval, IL is $880 which is significantly lower than the US average of $1,430. Grocery cost index in 62882 Sandoval, IL is 88 compared to 100 in the US. Local companies include Century 21 House of Realty Inc., Martins Ace Hardware Store, Elmore & Son Plumbing, Marion Tire Company, Niehaus Trucking Co., and Jerry's Liquors & Wines. These businesses provide essential services for the residents of 62882 Sandoval, IL and contribute to its economy.

Sandoval (zip 62882) has an unemployment rate of 6.2%. The US average is 6.0%.

Sandoval (zip 62882) 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 Sandoval (zip 62882)
- The Sales Tax Rate for Sandoval (zip 62882) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sandoval (zip 62882) 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 Sandoval (zip 62882)
- The average income of a Sandoval (zip 62882) resident is $20,961 a year. The US average is $37,638 a year.
- The Median household income of a Sandoval (zip 62882) resident is $41,711 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandoval, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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