Beckemeyer, IL is a small town located in Clinton County. It is home to many businesses such as Beckemeyer Farmers Co-Op, Specht Motors INC, and Farm Bureau Insurance. The cost of living in Beckemeyer is relatively low compared to the rest of the United States. The average 2 bedroom rent in Beckemeyer is $890 versus $1,430 in the US. Additionally, the Grocery Cost Index for Beckemeyer is 93 while it's 100 for the US, which means that groceries are more affordable here than elsewhere in the country. Overall, residents of Beckemeyer can enjoy a comfortable lifestyle at an affordable price point.
Beckemeyer has an unemployment rate of 3.7%. The US average is 6.0%.
Beckemeyer 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 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Beckemeyer
- The Sales Tax Rate for Beckemeyer is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Beckemeyer 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 Beckemeyer
- The average income of a Beckemeyer resident is $24,977 a year. The US average is $28,555 a year.
- The Median household income of a Beckemeyer resident is $54,539 a year. The US average is $69,021 a year.