Troy, IL is a thriving community located at 62294 zipcode. The average rent for a two bedroom apartment here is $930, which is significantly less than the national average of $1,430. Additionally, the cost of groceries in Troy is slightly lower than the United States index at 98 versus 100. Local companies include Walmart, ALDI Grocery Store, Community Bank & Trust and many more. Popular grocery stores in Troy are Walmart Supercenter, Schnucks and Shop n Save Food & Pharmacy. With its lower rent costs and low-priced groceries, Troy offers a great quality of life for its residents.
Troy (zip 62294) has an unemployment rate of 5.4%. The US average is 6.0%.
Troy (zip 62294) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 62294)
- The Sales Tax Rate for Troy (zip 62294) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 62294) 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 Troy (zip 62294)
- The average income of a Troy (zip 62294) resident is $40,965 a year. The US average is $37,638 a year.
- The Median household income of a Troy (zip 62294) resident is $89,471 a year. The US average is $69,021 a year.