The small town of 62691 Virginia, IL has a population of 1,228. The cost of living in this town is relatively low compared to the US average. Rent for a two bedroom apartment is just $710 a month, which is much less than the US average of $1,430. Groceries are also much cheaper with an index score of 92 versus 100 at the national level. This makes Virginia an attractive option for those looking for affordable housing options.
There are plenty of local businesses in Virginia such as Rocky Mountain Convenience Store, Stateline Truck & Trailer Repair and Pirtle Appliances that help to support the local economy. The town also boasts several restaurants including Dairy Queen Grill & Chill and Log Cabin Family Restaurant where residents can enjoy a delicious meal.
Overall, residents in 62691 Virginia have access to many affordable amenities while still enjoying the comforts of small-town living. With reasonable rent prices and grocery costs lower than the US average, more people are likely to move into this charming little town in the future!
Virginia (zip 62691) has an unemployment rate of 5.7%. The US average is 6.0%.
Virginia (zip 62691) has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 16.1%, which is lower than the US average of 33.5%.
Tax Rates for Virginia (zip 62691)
- The Sales Tax Rate for Virginia (zip 62691) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Virginia (zip 62691) 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 Virginia (zip 62691)
- The average income of a Virginia (zip 62691) resident is $31,444 a year. The US average is $37,638 a year.
- The Median household income of a Virginia (zip 62691) resident is $63,500 a year. The US average is $69,021 a year.