62996 Villa Ridge, IL is a small community located in Franklin County. The average 2-bedroom rent in Villa Ridge is $700, much lower than the US average of $1,430. Additionally, groceries cost 10% less in Villa Ridge than the nationwide average according to the Grocery Cost Index. Popular local companies include JKL Equipment Services and Jack's Gas Station. JKL offers equipment rentals and repair services while Jack's provides convenient gas and convenience items. These businesses are popular amongst the locals as they provide quality service and competitive prices.
Villa Ridge (zip 62996) has an unemployment rate of 10.3%. The US average is 6.0%.
Villa Ridge (zip 62996) has seen the job market increase by 4.8% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Villa Ridge (zip 62996)
- The Sales Tax Rate for Villa Ridge (zip 62996) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Villa Ridge (zip 62996) 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 Villa Ridge (zip 62996)
- The average income of a Villa Ridge (zip 62996) resident is $25,284 a year. The US average is $28,555 a year.
- The Median household income of a Villa Ridge (zip 62996) resident is $44,792 a year. The US average is $69,021 a year.