Zip 62880 (St. Peter, IL) Economy


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United States / Illinois / No Metro Area / Fayette County / No City / St. Peter (zip 62880)
St. Peter, IL 62880 is a small rural town located in Marion County. It has a population of approximately 1,400 people and offers its residents a peaceful countryside environment. The 2 bedroom rent in St. Peter is $760 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in St. Peter is 93 versus 100 in the US.
In St. Peter there are many local companies that offer services to the community including John's Plumbing & Air Conditioning Services, Rockafellow Custom Finish Carpentry Inc., and GS Builders Construction Co.. There are also a few restaurants such as The Courtyard Café and Bakery and L&D Country Corner Restaurant & Lounge that provide tasty meals for locals as well as visitors from nearby towns. For those looking for some entertainment or activities there are attractions like the Mary Lee Park walking trail or the Clinton County Raceway where you can go dirt track racing on weekends.

St. Peter (zip 62880) has an unemployment rate of 6.2%. The US average is 6.0%.

St. Peter (zip 62880) 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 St. Peter (zip 62880)
- The Sales Tax Rate for St. Peter (zip 62880) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for St. Peter (zip 62880) 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 St. Peter (zip 62880)
- The average income of a St. Peter (zip 62880) resident is $19,381 a year. The US average is $28,555 a year.
- The Median household income of a St. Peter (zip 62880) resident is $61,477 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Peter, IllinoisUnited States
  6.26
  -5.7%-6.2%
  25.0%33.5%
  6.3%6.2%
  5.0%4.6%
  $26,917$37,638
  $61,477$69,021
  $66,210$85,028
  Population by Occupation
  8.4%1.2%
  0.0%0.5%
  12.6%6.8%
  8.8%10.0%
  5.4%2.5%
  12.3%11.0%
  8.4%4.8%
  0.0%0.8%
  0.0%1.9%
  3.8%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  0.8%4.2%
  5.7%9.3%
  10.7%14.0%
  0.0%2.1%
  5.0%7.0%
  12.3%4.8%
  5.4%4.7%
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