Atwood, IL is a small town located just outside of Champaign, IL. The cost of living in Atwood is friendly for those on a budget, with two bedroom rent coming in at $890 and the Grocery Cost Index being 93 compared to 100 in the US. There are plenty of local companies and activities to explore in Atwood such as Atwood Family Diner & Bakery, Little L's Restaurant & Lounge and Jay's Automotive Inc. With its close proximity to Champaign, Atwood residents have access to a wide variety of outdoor activities including hiking trails, fishing spots and more.
Atwood has an unemployment rate of 4.3%. The US average is 6.0%.
Atwood has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Atwood
- The Sales Tax Rate for Atwood is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Atwood 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 Atwood
- The average income of a Atwood resident is $26,427 a year. The US average is $28,555 a year.
- The Median household income of a Atwood resident is $50,139 a year. The US average is $69,021 a year.