Watson, IL (zip code 62473) is a small town in the southern part of Illinois. It is a quiet and peaceful locale with plenty to offer its residents. When it comes to renting an apartment, the 2 bedroom rent cost in Watson is $770 which is quite affordable compared to the US average of $1,430. Moreover, groceries cost index in Watson is 93 versus 100 in the US making it a great choice for budget-friendly living.
In terms of amenities, Watson has plenty to offer. Some of the local businesses include The Country Store at Watson which offers groceries and convenience items as well as The Old Shed Antiques where you can explore antiques and other collectibles from years gone by. For outdoor activities, locals and visitors enjoy visiting Indian Creek Park for picnicking or exploring trails along the creek.
Watson (zip 62473) has an unemployment rate of 4.5%. The US average is 6.0%.
Watson (zip 62473) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Watson (zip 62473)
- The Sales Tax Rate for Watson (zip 62473) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Watson (zip 62473) 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 Watson (zip 62473)
- The average income of a Watson (zip 62473) resident is $30,634 a year. The US average is $37,638 a year.
- The Median household income of a Watson (zip 62473) resident is $68,006 a year. The US average is $69,021 a year.