Taylorville, IL Metro Area is a great place to live for those who are looking for an economical cost of living. The 2 bedroom rent in the Taylorville, IL Metro Area is $820 per month which is 41% less than the US average of $1,430. Additionally, the Grocery Cost Index in Taylorville, IL Metro Area is 92 versus 100 in the US, making it 8% less expensive than the US average. Not only does Taylorville offer a low cost of living but it also provides many local companies and attractions that make it an enjoyable place to live. For instance, there are many businesses such as Taylorville Farm Supply and Vancil Convenience Store that offer various goods and services to residents. Additionally, attractions like Lake Taylorville provide opportunities for outdoor recreation with fishing, boating or picnicking. There are other cultural attractions such as Manners Park Museum that provide educational experiences for people of all ages.
Taylorville Metro Area has an unemployment rate of 6.3%. The US average is 6.0%.
Taylorville Metro Area has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Taylorville Metro Area
- The Sales Tax Rate for Taylorville Metro Area is 7.6%. The US average is 7.3%.
- The Income Tax Rate for Taylorville Metro Area 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 Taylorville Metro Area
- The average income of a Taylorville Metro Area resident is $24,016 a year. The US average is $28,555 a year.
- The Median household income of a Taylorville Metro Area resident is $53,188 a year. The US average is $69,021 a year.