Zip 62894 (Waltonville, IL) Economy


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Waltonville, IL is a small community located about an hour north from St. Louis. The town has a population of just over 62894 people and offers a low cost of living. The average rent for a 2 bedroom in Waltonville is $880, while the US average is $1,430--making it much more affordable for those looking to rent. Additionally, the grocery cost index in Waltonville is 93 compared to 100 in the US, making groceries more affordable as well. \nSome local businesses in Waltonville include Abdon's Deli, Chestnut Restaurant & Lounge, and Rutherford Clinic. These businesses provide residents with goods and services while helping to keep the local economy thriving. In addition to restaurants and shops, Waltonville boasts plenty of outdoor activities such as fishing at Lake Murphysboro State Park or spending the day golfing at Walnut Hill Country Club. With its low cost of living and abundance of amenities, Waltonville continues to be attractive option for many people looking to settle down in Illinois.

Waltonville (zip 62894) has an unemployment rate of 6.5%. The US average is 6.0%.

Waltonville (zip 62894) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.6%, which is lower than the US average of 33.5%.

Tax Rates for Waltonville (zip 62894)
- The Sales Tax Rate for Waltonville (zip 62894) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Waltonville (zip 62894) 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 Waltonville (zip 62894)
- The average income of a Waltonville (zip 62894) resident is $23,781 a year. The US average is $28,555 a year.
- The Median household income of a Waltonville (zip 62894) resident is $67,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaltonville, IllinoisUnited States
  6.56
  -8.4%-6.2%
  31.6%33.5%
  6.8%6.2%
  5.0%4.6%
  $28,619$37,638
  $67,250$69,021
  $77,727$85,028
  Population by Occupation
  1.9%1.2%
  2.8%0.5%
  2.8%6.8%
  14.9%10.0%
  2.3%2.5%
  15.1%11.0%
  3.0%4.8%
  1.3%0.8%
  0.2%1.9%
  7.9%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  4.1%4.2%
  10.0%9.3%
  14.7%14.0%
  1.1%2.1%
  5.1%7.0%
  8.7%4.8%
  3.2%4.7%
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