Quincy, IL is a charming town located in the heart of the Midwest. It has a wide range of local businesses and amenities that make it an attractive place to live. The average 2 bedroom rent in Quincy, IL is $850 which is significantly lower than the national average of $1,430. The grocery cost index in Quincy is 93 compared to 100 for the US as a whole, making it an affordable option for people looking to save money on food costs. Local businesses such as Science Technology Corporation, Blessing Hospital, and Solar Eclipse Glass are popular employers in Quincy. Homeowners can enjoy lower rents while still benefiting from the services provided by these local companies.
Quincy has an unemployment rate of 4.6%. The US average is 6.0%.
Quincy has seen the job market decrease by -6.3% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Quincy
- The Sales Tax Rate for Quincy is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Quincy 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 Quincy
- The average income of a Quincy resident is $30,478 a year. The US average is $37,638 a year.
- The Median household income of a Quincy resident is $50,857 a year. The US average is $69,021 a year.