62688 Tallula, IL is a small rural town located in Mason County with a population of just over 500 people. The average 2 bedroom rent in Tallula is $830, which is significantly lower than the US average of $1,430. Living costs are also lower here with the Grocery Cost Index being 92 compared to 100 in the US. This lower cost of living makes it an attractive place for those looking for an affordable place to call home.
There are many local businesses that make up this small community such as Westside Music Hall, Flesor's Candy Kitchen, and Hiram's Restaurant. Westside Music Hall hosts musical acts from all over the United States while Flesor's Candy Kitchen offers handmade candy and desserts using family recipes that have been passed down through generations. Hiram's Restaurant is known for its classic American cuisine served in a cozy atmosphere. With affordable rental prices and low grocery costs, 62688 Tallula, IL offers residents a great quality of life at an affordable price.
Tallula (zip 62688) has an unemployment rate of 5.0%. The US average is 6.0%.
Tallula (zip 62688) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Tallula (zip 62688)
- The Sales Tax Rate for Tallula (zip 62688) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Tallula (zip 62688) 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 Tallula (zip 62688)
- The average income of a Tallula (zip 62688) resident is $24,803 a year. The US average is $28,555 a year.
- The Median household income of a Tallula (zip 62688) resident is $68,438 a year. The US average is $69,021 a year.