Manito, IL is a small city located in central Illinois. It is a great place to live with plenty of amenities. The rent for a two bedroom apartment here costs $830, which is much lower than the US average of $1,430. Grocery costs are also cheaper in Manito than the rest of the US with an index of 93 versus 100.
The city's economy is growing and there are many local businesses that people can take advantage of. Major companies located in Manito include Printpack Inc., Energy Services Corporation, Reliance Refining Co., Transco Products Inc., and Hugo Fertilizers. The local government also provides excellent services to their citizens such as public parks and libraries. Residents of Manito enjoy living in this vibrant town and benefit from its low cost of living and local businesses.
Manito has an unemployment rate of 6.3%. The US average is 6.0%.
Manito has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Manito
- The Sales Tax Rate for Manito is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Manito 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 Manito
- The average income of a Manito resident is $23,986 a year. The US average is $28,555 a year.
- The Median household income of a Manito resident is $60,882 a year. The US average is $69,021 a year.