Hamilton, IL is a small town located in Hancock County with an estimated population of 62341. It is a great place for people looking for affordable housing as the average 2 bedroom rent is $770 compared to US 2 bedroom rent which is $1,430. Furthermore, grocery costs are also more affordable in Hamilton as the Grocery Cost Index in the city is 93 versus 100 in the US. The local economy of Hamilton relies heavily on family-owned businesses such as Petefish Skiles Bank & Trust Co., HCI Steel Fabricator and Erector LLC, and Federal Heath Sign Co. These companies provide residents with employment opportunities and development potential for the future of Hamilton.
Hamilton (zip 62341) has an unemployment rate of 5.3%. The US average is 6.0%.
Hamilton (zip 62341) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton (zip 62341)
- The Sales Tax Rate for Hamilton (zip 62341) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hamilton (zip 62341) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Hamilton (zip 62341)
- The average income of a Hamilton (zip 62341) resident is $38,593 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton (zip 62341) resident is $58,945 a year. The US average is $69,021 a year.