Moline, IL is an attractive city for new residents due to its low living costs. The average rent for a two bedroom apartment in Moline is only $930, while the US average is $1,430. Additionally, the Grocery Cost Index in Moline is 93 compared to 100 in the US.
Moline is home to several large companies such as Deere & Company, John Deere Seeding Group, Rock Island Arsenal, and Jumer’s Casino & Hotel Resort which provide diverse job opportunities. There are also numerous smaller businesses that offer additional employment options. For example, local venues such as The Rustic Barn include catering services that often need extra help. With an ever-expanding economy, Moline offers a variety of competitive job prospects for all kinds of people.
Moline has an unemployment rate of 6.6%. The US average is 6.0%.
Moline has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Moline
- The Sales Tax Rate for Moline is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Moline 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 Moline
- The average income of a Moline resident is $27,458 a year. The US average is $28,555 a year.
- The Median household income of a Moline resident is $59,697 a year. The US average is $69,021 a year.