Tamms, IL is a small city located in Alexander County with a population of 629. Despite its size, Tamms has much to offer including affordable housing and living costs. The average 2 bedroom rent in the city is $770 per month, significantly lower than the nation-wide average of $1,430. Additionally, grocery costs are also relatively inexpensive with an index score of 91 versus 100 in the US. This makes it easy for residents to stretch their money further. Local businesses in Tamms include Southern Illinois Wholesale, IGA Supermarket, and Heritage Equipment Company. These companies provide job opportunities for local residents and support economic growth within the community.
Tamms (zip 62988) has an unemployment rate of 8.3%. The US average is 6.0%.
Tamms (zip 62988) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 16.5%, which is lower than the US average of 33.5%.
Tax Rates for Tamms (zip 62988)
- The Sales Tax Rate for Tamms (zip 62988) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Tamms (zip 62988) 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 Tamms (zip 62988)
- The average income of a Tamms (zip 62988) resident is $18,280 a year. The US average is $37,638 a year.
- The Median household income of a Tamms (zip 62988) resident is $42,917 a year. The US average is $69,021 a year.