Albers, IL is a great place to live due to its affordable cost of living. The average 2 bedroom rent in Albers is $880 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Albers is 96 versus 100 in the US, making it an attractive place for people looking for a more affordable life. Local companies such as Baskin Robbins, Hardee's, and QuikTrip offer plenty of employment opportunities for residents. In general, living in Albers is quite favorable due to its low cost of living with reasonable rent and grocery costs.
Albers has an unemployment rate of 3.7%. The US average is 6.0%.
Albers has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Albers
- The Sales Tax Rate for Albers is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Albers 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 Albers
- The average income of a Albers resident is $39,918 a year. The US average is $37,638 a year.
- The Median household income of a Albers resident is $103,554 a year. The US average is $69,021 a year.