Rockton, IL is a small town located in Winnebago County with a population of just under 7,000 people. It is a great place to live with many local businesses such as the Rockton Exchange Bank and Rockton General Store. The cost of living in Rockton is quite affordable compared to other areas; for example, rent for a two-bedroom apartment is $880 versus the US average of $1,430. Additionally, the Grocery Cost Index in Rockton stands at 94 versus the national index of 100. All in all, Rockton offers an affordable lifestyle with plenty of local shops and businesses to explore.
Rockton has an unemployment rate of 8.1%. The US average is 6.0%.
Rockton has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Rockton
- The Sales Tax Rate for Rockton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Rockton 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 Rockton
- The average income of a Rockton resident is $30,165 a year. The US average is $28,555 a year.
- The Median household income of a Rockton resident is $103,397 a year. The US average is $69,021 a year.