Ilion, NY is a small town located in Upstate New York. It offers a peaceful and affordable lifestyle with the average two bedroom rent being $830, which is significantly lower than the US average rent of $1,430. Grocery Cost Index in Ilion is also 97 versus 100 in the US, making it an inexpensive place to shop for groceries as well. The town is home to several local businesses such as Russell Marine, Smith Corona Typewriters, Remington Arms Company and B.F. Goodrich Company, giving people plenty of job opportunities and contributing to the economy of the town. All these factors make Ilion a great place to live with an affordable cost of living.
Ilion has an unemployment rate of 8.3%. The US average is 6.0%.
Ilion has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Ilion
- The Sales Tax Rate for Ilion is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ilion is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ilion
- The average income of a Ilion resident is $22,323 a year. The US average is $28,555 a year.
- The Median household income of a Ilion resident is $62,832 a year. The US average is $69,021 a year.