Greenville, IL is a small city located in Bond County. It has a population of around 5,000 people, making it a cozy and charming place to live. One of the major advantages of living in Greenville is the cost of living. The average two-bedroom rent in Greenville is $830 which is lower than the national average rent of $1,430 per month. Additionally, grocery costs in Greenville are also lower than average as Greenville’s Grocery Cost Index is 95 compared to 100 nationally.
Greenville also offers plenty of opportunities for work with local companies such as Bond County Community Unit School District 2, Walmart Distribution Center, and Korte Construction Company offering a variety of jobs for many locals here in Greenville. Thus, this makes it an attractive place to live for those looking for work and at an affordable cost. In comparison to the US as a whole, Greenville offers residents low housing costs and cheaper groceries than what's available elsewhere in America.
Greenville has an unemployment rate of 4.9%. The US average is 6.0%.
Greenville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $20,269 a year. The US average is $37,638 a year.
- The Median household income of a Greenville resident is $45,961 a year. The US average is $69,021 a year.