Carlock, IL is a small town located in McLean County with a population of 866 as of the 2019 Census. It has an affordable rental rate for two-bedroom homes at $1,020 per month, which is significantly lower than the national average of $1,430. There is also a lower grocery cost index with 98 versus 100 in the US.
The town has many local businesses to support its residents including Carlock Auto Repair & Towing Inc., Carlock Tire and Lube, Wilson's Grocery Store, and Carlock Cafe. Other local services such as banking and insurance are available through The First National Bank of Mclean County and State Farm Insurance.
Carlock has an unemployment rate of 5.0%. The US average is 6.0%.
Carlock has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Carlock
- The Sales Tax Rate for Carlock is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Carlock 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 Carlock
- The average income of a Carlock resident is $26,431 a year. The US average is $28,555 a year.
- The Median household income of a Carlock resident is $68,500 a year. The US average is $69,021 a year.