Located in Yale, Illinois, 62481 is a small rural town with a population of about 1,600 people. The average two-bedroom rent in the area is $600, much lower than the national average of $1,430. Groceries also cost less with the local Grocery Cost Index at 94 versus 100 in the US. Residents of 62481 have access to a number of local businesses such as farmers markets and farm stands, hardware stores, antiques shops, cafes and restaurants. There are also plenty of opportunities for recreation such as fishing spots on the nearby Flint Creek and recreational parks like Hodges Park and Cadillac Lake Nature Preserve.
Yale (zip 62481) has an unemployment rate of 5.2%. The US average is 6.0%.
Yale (zip 62481) 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 Yale (zip 62481)
- The Sales Tax Rate for Yale (zip 62481) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Yale (zip 62481) 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 Yale (zip 62481)
- The average income of a Yale (zip 62481) resident is $25,532 a year. The US average is $37,638 a year.
- The Median household income of a Yale (zip 62481) resident is $67,708 a year. The US average is $69,021 a year.