Annawan town, IL is a great place to live with its low cost of living and friendly community atmosphere. With two bedroom rent being $800 compared to the US average of $1,430, it's easy to see why Annawan town is an attractive option for anyone looking for an affordable place to call home. The Grocery Cost Index in Annawan is also lower than the US average at 94. Local businesses in Annawan include Walmart Supercenter, Dollar General, and Main Street Mini Mart. Other attractions in the area are the local parks, library, movie theater and many restaurants. Overall, Annawan offers a great quality of life at an affordable price.
Annawan has an unemployment rate of 5.9%. The US average is 6.0%.
Annawan has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Annawan
- The Sales Tax Rate for Annawan is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Annawan 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 Annawan
- The average income of a Annawan resident is $31,758 a year. The US average is $37,638 a year.
- The Median household income of a Annawan resident is $52,000 a year. The US average is $69,021 a year.