Bondville, IL is a small city located in central Illinois. The city is home to several local companies, including Bondville Mills, Bondville Plastics, and Bondville Automotive. The cost of living in Bondville is significantly lower than the US average; 2 bedroom rental rates are only $930 compared to $1,430 for the US as whole, and the Grocery Cost Index is 97 in comparison to 100 nationally. This makes Bondville an attractive option for anyone looking for an affordable place to live or do business.
Bondville has an unemployment rate of 5.0%. The US average is 6.0%.
Bondville has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Bondville
- The Sales Tax Rate for Bondville is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Bondville 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 Bondville
- The average income of a Bondville resident is $20,050 a year. The US average is $28,555 a year.
- The Median household income of a Bondville resident is $50,000 a year. The US average is $69,021 a year.