Zip 62887 (Springerton, IL) Economy


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United States / Illinois / No Metro Area / White County / No City / Springerton (zip 62887)
62887 Springerton, IL is a small town located in White County with a population of 783 people. The 2 Bedroom Rent in the area is quite affordable at only $610 per month. The Grocery Cost Index for this area is also lower than the US average at 90 versus 100. This makes it a great place to save money and have more financial freedom.
For those living in 62887 Springerton, IL there are several local companies to shop from including: Dollar General, Springerton IGA Grocery, Silver Nail Salon & Spa, Country Market of Springerton and Trinity Valley Veterinary Clinic. These businesses provide essential products and services to the community while also helping local economy by creating job opportunities for residents.

Springerton (zip 62887) has an unemployment rate of 5.6%. The US average is 6.0%.

Springerton (zip 62887) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Springerton (zip 62887)
- The Sales Tax Rate for Springerton (zip 62887) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Springerton (zip 62887) 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 Springerton (zip 62887)
- The average income of a Springerton (zip 62887) resident is $23,081 a year. The US average is $28,555 a year.
- The Median household income of a Springerton (zip 62887) resident is $53,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringerton, IllinoisUnited States
  5.66
  -11.2%-6.2%
  20.5%33.5%
  7.3%6.2%
  5.0%4.6%
  $20,277$37,638
  $53,125$69,021
  $54,688$85,028
  Population by Occupation
  22.6%1.2%
  0.0%0.5%
  4.8%6.8%
  3.6%10.0%
  3.6%2.5%
  14.3%11.0%
  10.7%4.8%
  0.0%0.8%
  0.0%1.9%
  1.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.4%4.2%
  23.8%9.3%
  10.7%14.0%
  0.0%2.1%
  1.2%7.0%
  1.2%4.8%
  0.0%4.7%
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