Swansea, IL is a vibrant community located in southwestern Illinois. With an estimated population of around 10,000 people, Swansea offers plenty of amenities and attractions for residents and visitors alike. The cost of rent for a two bedroom apartment in Swansea is currently $880, which is much lower than the national average of $1,430. The Grocery Cost Index in Swansea is also lower than the US average at 94 compared to 100.
There are many local companies and places to visit in Swansea that make living there enjoyable and convenient. Some of these businesses include Geneva Deli & Grill, who offer delicious sandwiches and burgers; Stemmler's Meats & Cheese, who specialize in hand-crafted sausages and assorted cheeses; Dragon’s Den tattoo studio; as well as many other independent shops. Additionally, Swansea has some great parks such as Memorial Park and North Branch Park where you can go for a walk or take your dog for some exercise. Whether you're looking to purchase locally made items or simply enjoy some nature time with your family, Swansea has something for everyone.
Swansea has an unemployment rate of 6.7%. The US average is 6.0%.
Swansea has seen the job market decrease by -6.7% 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 Swansea
- The Sales Tax Rate for Swansea is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Swansea 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 Swansea
- The average income of a Swansea resident is $43,541 a year. The US average is $37,638 a year.
- The Median household income of a Swansea resident is $80,331 a year. The US average is $69,021 a year.