Staunton, IL (62088) is an affordable place to live with a 2 Bedroom Rent of $830, which is significantly lower than the US average of $1,430. The Grocery Cost Index of 93 indicates that grocery goods are also much more affordable in Staunton compared to the US national index. This makes it a great option for families who want to save money on living expenses or they can use those savings towards other investments. Local businesses such as Tinger’s Furniture, Staunton Pharmacy and Downtown Auto Care offer a variety of services and products that cater to the needs of residents. Additionally, Baxmeyer Construction provides construction services while The Haven Church offers spiritual growth opportunities.
Staunton (zip 62088) has an unemployment rate of 5.0%. The US average is 6.0%.
Staunton (zip 62088) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Staunton (zip 62088)
- The Sales Tax Rate for Staunton (zip 62088) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Staunton (zip 62088) 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 Staunton (zip 62088)
- The average income of a Staunton (zip 62088) resident is $31,830 a year. The US average is $37,638 a year.
- The Median household income of a Staunton (zip 62088) resident is $56,626 a year. The US average is $69,021 a year.