62480 Willow Hill, IL is a small town located in the heart of Southern Illinois. It has a population of around 1,500 and offers its residents an affordable cost of living. The average rent for a two bedroom house in this area is $690 compared to the US average of $1,430. Additionally, the Grocery Cost Index is 90 in comparison to the US index of 100, making it an ideal place to live for people looking to save money on their groceries.
The community is home to many local businesses that offer goods and services ranging from restaurants and grocery stores to hardware stores and automotive shops. Some popular businesses include J&K's Grocery Store, Reems Hardware Store, Smith Automotive Center and Kelly's Restaurant & Bar. Each of these businesses are staples in the area providing excellent service and quality products at reasonable prices.
Willow Hill (zip 62480) has an unemployment rate of 5.2%. The US average is 6.0%.
Willow Hill (zip 62480) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Willow Hill (zip 62480)
- The Sales Tax Rate for Willow Hill (zip 62480) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Willow Hill (zip 62480) 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 Willow Hill (zip 62480)
- The average income of a Willow Hill (zip 62480) resident is $20,297 a year. The US average is $37,638 a year.
- The Median household income of a Willow Hill (zip 62480) resident is $37,743 a year. The US average is $69,021 a year.