Zip 62286 (Sparta, IL) Economy


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United States / Illinois / No Metro Area / Randolph County / Sparta / Sparta (zip 62286)
Sparta, Illinois (zip code 62286) is a small city located in Randolph county. It has a population of around 2,000 people and is an excellent place for those looking for a quiet life. The average rent for a two-bedroom apartment in Sparta is $780 which is significantly lower than the US average of $1,430. Additionally, grocery costs are also lower in Sparta with a grocery cost index of 94 versus the national average of 100.
Sparta is home to numerous local companies such as Deutsch Oil Co Inc., Pavs Heating & Cooling LLC and Nationwide Insurance: Rollings Insurance Agency. There are also many attractions nearby such as World Shooting & Recreational Complex and National Shrine of Our Lady of the Snows. Both are well worth visiting and perfect for spending quality time with friends or family.

Sparta (zip 62286) has an unemployment rate of 4.4%. The US average is 6.0%.

Sparta (zip 62286) has seen the job market decrease by -7.7% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Sparta (zip 62286)
- The Sales Tax Rate for Sparta (zip 62286) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Sparta (zip 62286) 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 Sparta (zip 62286)
- The average income of a Sparta (zip 62286) resident is $35,624 a year. The US average is $37,638 a year.
- The Median household income of a Sparta (zip 62286) resident is $60,189 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySparta, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock10.0%
    Unlock2.5%
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    Unlock4.8%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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