Valmeyer, IL 62295 is a small town located along the Mississippi river in Southern Illinois. It is home to about 1,500 residents and is part of Monroe County. The area has a low cost of living, with an average 2 bedroom rent at $1,130 compared to the US average of $1,430. Additionally, grocery costs are also lower in Valmeyer than the national average; the grocery index being 96 versus 100 in the US.
Valmeyer offers many local businesses for those looking for recreation or employment opportunities. These include Blue Sky Vineyard & Winery, Olde Tyme Grocery & Deli Inc., Adventure Campground and Alton Motor Boat Club. There are also several churches located within Valmeyer’s borders such as St. John United Church of Christ and Zion Lutheran Church. All in all, Valmeyer is a great place to live with its low cost of living and abundance of local businesses.
Valmeyer (zip 62295) has an unemployment rate of 3.3%. The US average is 6.0%.
Valmeyer (zip 62295) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Valmeyer (zip 62295)
- The Sales Tax Rate for Valmeyer (zip 62295) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Valmeyer (zip 62295) 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 Valmeyer (zip 62295)
- The average income of a Valmeyer (zip 62295) resident is $36,067 a year. The US average is $37,638 a year.
- The Median household income of a Valmeyer (zip 62295) resident is $92,083 a year. The US average is $69,021 a year.