Bushnell, IL Economy


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Bushnell, IL is a small town located in McDonough County, Illinois. It offers a peaceful community surrounded by farmland and attractive amenities for its citizens. Local businesses in Bushnell, IL include the Wal-Mart Supercenter, Bushnell Family Restaurant, Murray's Trading Post, and several other local retailers. The cost of living in Bushnell is relatively low compared to the US average with 2 bedroom rent at $730 versus $1,430 nationally; additionally, the Grocery Cost Index in Bushnell is 90 compared to 100 for the nation as a whole. Overall, Bushnell offers an affordable and peaceful way of life for those looking for it.

Bushnell has an unemployment rate of 5.3%. The US average is 6.0%.

Bushnell has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Bushnell
- The Sales Tax Rate for Bushnell is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Bushnell 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 Bushnell
- The average income of a Bushnell resident is $18,982 a year. The US average is $28,555 a year.
- The Median household income of a Bushnell resident is $55,412 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBushnell, IllinoisUnited States
  5.36
  -7.4%-6.2%
  16.6%33.5%
  8.0%6.2%
  5.0%4.6%
  $25,672$37,638
  $55,412$69,021
  $58,539$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.7%6.8%
  21.9%10.0%
  3.4%2.5%
  12.8%11.0%
  4.9%4.8%
  1.1%0.8%
  0.0%1.9%
  3.8%4.7%
  1.4%1.9%
  3.9%7.6%
  0.7%0.1%
  2.2%4.2%
  9.9%9.3%
  12.9%14.0%
  0.6%2.1%
  10.3%7.0%
  3.6%4.8%
  3.9%4.7%
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