Posen, IL is a small city located in Cook County and is home to over 6,000 residents. The cost of living in Posen is relatively low with the average two bedroom rent for $1,300 as compared to the US average of $1,430. Groceries are also more affordable in Posen with a grocery cost index of 93 versus 100 in the US. \nLocal companies in Posen include United Thrift Store, Country Financial Insurance, R&J Auto Repair, Perrone's Market and Garden Center, and Reliable Heating & Air Conditioning Inc. With a variety of shops and services to choose from, Posen has something for everyone.
Posen has an unemployment rate of 8.4%. The US average is 6.0%.
Posen has seen the job market decrease by -9.4% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Posen
- The Sales Tax Rate for Posen is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Posen 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 Posen
- The average income of a Posen resident is $20,095 a year. The US average is $37,638 a year.
- The Median household income of a Posen resident is $55,371 a year. The US average is $69,021 a year.