The town of Winchester, IL (population 6,269) is a great place to live for those looking for affordable housing options. The average two bedroom rent in Winchester is $760 per month compared to the national average of $1,430 per month. Additionally, groceries are relatively inexpensive in Winchester with a grocery cost index of 94 compared to the US average of 100. This makes it easier on the wallet!
Aside from its affordability, Winchester also offers plenty of activities for residents. Local attractions include Big River State Forest and the Wagon Wheel Hospital Museum. For those who love shopping and dining out, companies such as Farm Fresh Groceries, Don's Dollar Store, and Wendy's are all located in town. With so much to do in this small town, Winchester could be an ideal place to call home!
Winchester (zip 62694) has an unemployment rate of 6.0%. The US average is 6.0%.
Winchester (zip 62694) 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 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Winchester (zip 62694)
- The Sales Tax Rate for Winchester (zip 62694) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Winchester (zip 62694) 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 Winchester (zip 62694)
- The average income of a Winchester (zip 62694) resident is $26,042 a year. The US average is $28,555 a year.
- The Median household income of a Winchester (zip 62694) resident is $58,393 a year. The US average is $69,021 a year.