Zip 62990 (Thebes, IL) Economy


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62990 Thebes, IL is a small town located on the banks of the Mississippi River in Alexander County. It has a population of less than 1,000 people and is known for its peaceful charm and low cost of living. In Thebes, 2 bedroom rent averages $790 per month compared to the US Average of $1,430. Grocery Cost Index in Thebes is 93 while it is 100 in the US.
The business environment in Thebes is fairly limited but a few local companies have taken root and become popular among locals. Pick's Garage & Machine Shop services engines for cars & trucks while Birdsong CPA offers tax preparation and accounting services. Other businesses include G&M Liquors, Bill's Market, B&D Electrical Contractors, and Ziggity-Zag Optical Care Center.
Overall, 62990 Thebes, IL provides an affordable living experience with access to essential services at a fraction of the cost versus many other parts of the US. While there are not many commercial opportunities currently available in town, any future businesses should have no trouble finding customers as more people look to move into this charming little corner of Illinois.

Thebes (zip 62990) has an unemployment rate of 8.3%. The US average is 6.0%.

Thebes (zip 62990) has seen the job market increase by 3.2% 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 Thebes (zip 62990)
- The Sales Tax Rate for Thebes (zip 62990) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Thebes (zip 62990) 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 Thebes (zip 62990)
- The average income of a Thebes (zip 62990) resident is $12,709 a year. The US average is $28,555 a year.
- The Median household income of a Thebes (zip 62990) resident is $59,265 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThebes, IllinoisUnited States
  8.36
  -5.4%-6.2%
  16.5%33.5%
  6.3%6.2%
  5.0%4.6%
  $22,167$37,638
  $59,265$69,021
  $65,875$85,028
  Population by Occupation
  3.3%1.2%
  1.2%0.5%
  12.4%6.8%
  12.7%10.0%
  17.2%2.5%
  1.5%11.0%
  1.2%4.8%
  0.9%0.8%
  0.0%1.9%
  0.0%4.7%
  6.0%1.9%
  5.1%7.6%
  0.0%0.1%
  11.5%4.2%
  4.5%9.3%
  13.0%14.0%
  0.0%2.1%
  5.4%7.0%
  0.9%4.8%
  3.0%4.7%
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