Rock Island, IL is a great place to live. The cost of living is quite low with an average 2 bedroom rent at $880 compared to the US average of $1,430. Groceries are even more affordable with a Grocery Cost Index of 92 in comparison to the US index at 100. Some top employers in the area include American Locker Group, G&L Clothing Manufacturing Company, and Midwest Equipment International. With this variety of jobs available and a lower cost of living than most other cities, Rock Island, IL is sure to be an attractive destination for individuals who want to save money while enjoying a comfortable lifestyle.
Rock Island has an unemployment rate of 6.6%. The US average is 6.0%.
Rock Island 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 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Rock Island
- The Sales Tax Rate for Rock Island is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Rock Island 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 Rock Island
- The average income of a Rock Island resident is $22,722 a year. The US average is $28,555 a year.
- The Median household income of a Rock Island resident is $50,965 a year. The US average is $69,021 a year.