Brimfield, IL is a small town located in Peoria County. The cost of living is relatively low when compared to other parts of the US, with a 2 bedroom rent of $900 compared to $1,430 nationally. Groceries also tend to be cheaper in Brimfield than elsewhere, with an index score of 98 versus 100 for the US on average. There are several local companies that make up the economy in Brimfield, such as Peoria Farm and Home Supply, G&G Tire Services Inc., and Hooten's Dairy Farm. These businesses play an important role in providing employment opportunities to local residents and products for the community.
Brimfield has an unemployment rate of 8.2%. The US average is 6.0%.
Brimfield has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Brimfield
- The Sales Tax Rate for Brimfield is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Brimfield 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 Brimfield
- The average income of a Brimfield resident is $23,565 a year. The US average is $28,555 a year.
- The Median household income of a Brimfield resident is $56,094 a year. The US average is $69,021 a year.