Avon, IL is a small town located in Fulton County and is known for its friendly community and low cost of living. The average rent for a two bedroom apartment here is $750, compared to the US average which stands at $1,430. Grocery costs are also lower than the national average; Avon's index stands at 93 while the US index is 100. Besides providing an affordable lifestyle, Avon also has great employment opportunities. Locally owned businesses such as Anderson Insurance and Avon Accounting provide quality services to their customers. Additionally, global companies such as McDonalds have an office in Avon too. All in all, Avon provides a comfortable life at a fraction of the cost that would be required elsewhere in the country.
Avon has an unemployment rate of 6.6%. The US average is 6.0%.
Avon has seen the job market decrease by -7.2% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Avon
- The Sales Tax Rate for Avon is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Avon 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 Avon
- The average income of a Avon resident is $24,739 a year. The US average is $37,638 a year.
- The Median household income of a Avon resident is $36,818 a year. The US average is $69,021 a year.