Southern View, IL is a small town located in the south of Illinois, with an estimated population of 10,000 people. It is known for its friendly community and great quality of life. The rent prices in Southern View are much lower than the national average, with the average 2 bedroom apartment costing only $900 compared to the US average of $1,430. Furthermore, the Grocery Cost Index (GCI) in Southern View is 91 compared to 100 in the US which means groceries are cheaper in this town relative to other places in America.
The local economy of Southern View is mainly driven by retail businesses such as Angie's Clothes Store and The Country Garden Restaurant. Additionally, there are many small companies that provide services such as White Horse Auto Repair and Matt's Plumbing Services. All these businesses contribute to making Southern View a great place to live and work and help keep the cost of living low relative to the rest of America.
Southern View has an unemployment rate of 6.3%. The US average is 6.0%.
Southern View has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Southern View
- The Sales Tax Rate for Southern View is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Southern View 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 Southern View
- The average income of a Southern View resident is $22,120 a year. The US average is $28,555 a year.
- The Median household income of a Southern View resident is $47,244 a year. The US average is $69,021 a year.