Belgium, IL is a small town located in the southwest part of Illinois. It is home to a variety of local businesses including the Countryside Market, Theodor’s Cigar Shop, and Moline Construction. Rent for two bedroom apartments in Belgium is much lower than the US average of $1,430 per month at just $760. Additionally, the Grocery Cost Index in Belgium is 91 compared to 100 in the US making groceries more affordable. Residents of Belgium enjoy small town living without sacrificing access to necessary amenities and services that larger cities provide.
Belgium has an unemployment rate of 6.9%. The US average is 6.0%.
Belgium has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Belgium
- The Sales Tax Rate for Belgium is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Belgium 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 Belgium
- The average income of a Belgium resident is $20,096 a year. The US average is $28,555 a year.
- The Median household income of a Belgium resident is $44,625 a year. The US average is $69,021 a year.