Sherman, IL (zip code 62684) is an affordable place to live and work with a 2 bedroom rent of $980 compared to the US average of $1,430. Local companies in Sherman include The Andersons Grain & Agronomy, Indianwood Golf & Country Club and Dollar General. The grocery cost index is 98 versus 100 in the US. This means that groceries are cheaper in Sherman than the national average. Overall, Sherman is a great place to live for those looking to save money while still enjoying all the amenities of a city.
Sherman (zip 62684) has an unemployment rate of 6.3%. The US average is 6.0%.
Sherman (zip 62684) has seen the job market decrease by -7.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Sherman (zip 62684)
- The Sales Tax Rate for Sherman (zip 62684) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sherman (zip 62684) 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 Sherman (zip 62684)
- The average income of a Sherman (zip 62684) resident is $50,489 a year. The US average is $37,638 a year.
- The Median household income of a Sherman (zip 62684) resident is $129,000 a year. The US average is $69,021 a year.