62289 Summerfield, IL is a wonderful place to live with friendly neighbors, small-town charm, and plenty to do. The rent for a two bedroom in this area is $930 which is much lower than the US average of $1,430 making it an affordable option for those looking to settle down. The grocery cost index in this area is 92 versus 100 in the US keeping your food costs low as well. There are plenty of local businesses such as JJ's Automotive Repair Shop where you can get your car serviced and Mary's Country Store where you can pick up all sorts of trinkets and necessities. With a low cost of living, 62289 Summerfield makes for an ideal place to call home.
Summerfield (zip 62289) has an unemployment rate of 6.7%. The US average is 6.0%.
Summerfield (zip 62289) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Summerfield (zip 62289)
- The Sales Tax Rate for Summerfield (zip 62289) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Summerfield (zip 62289) 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 Summerfield (zip 62289)
- The average income of a Summerfield (zip 62289) resident is $21,731 a year. The US average is $28,555 a year.
- The Median household income of a Summerfield (zip 62289) resident is $43,875 a year. The US average is $69,021 a year.