Bunker Hill, IL is a small town located in Macoupin County. It is home to many businesses and industries like Walmart, Dollar General, and The Bank of Edwardsville. These stores offer a variety of products and services that benefit local residents and visitors alike. Additionally, there are also several job opportunities available in Bunker Hill for those looking for employment. The cost of living in Bunker Hill is much lower than that of the US as a whole – for example, 2 bedroom rent averages around $820 per month compared to $1,430 nationwide while grocery costs index at 94 versus 100 nationally. This affords residents greater access to essential goods and services while also providing them with more savings for their disposable income. All in all, Bunker Hill is an attractive place to live due to its affordable cost of living and plentiful job opportunities.
Bunker Hill has an unemployment rate of 5.0%. The US average is 6.0%.
Bunker Hill 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 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Bunker Hill
- The Sales Tax Rate for Bunker Hill is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bunker Hill 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 Bunker Hill
- The average income of a Bunker Hill resident is $24,585 a year. The US average is $28,555 a year.
- The Median household income of a Bunker Hill resident is $57,857 a year. The US average is $69,021 a year.