Ashton, IL is a small town located in northern Illinois. It has a strong economy, with numerous local companies contributing to its growth. One of the major employers in town is Landmark Bakery, which produces a variety of baked goods for sale both locally and nationally. Ashton also offers affordable housing, as the average two bedroom apartment rents for around $770 per month, compared to an average of $1,430 in the rest of the United States. Additionally, grocery costs are lower than the national average; the Grocery Cost Index in Ashton is 94 versus 100 in the US. These factors combine to make Ashton an attractive option for those looking for reasonable housing prices and cost of living without sacrificing amenities or employment opportunities.
Ashton has an unemployment rate of 5.2%. The US average is 6.0%.
Ashton has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Ashton
- The Sales Tax Rate for Ashton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ashton 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 Ashton
- The average income of a Ashton resident is $27,531 a year. The US average is $37,638 a year.
- The Median household income of a Ashton resident is $53,819 a year. The US average is $69,021 a year.