Clifton, IL Economy


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United States / Illinois / No Metro Area / Iroquois County / Clifton / Zip Codes
Clifton, IL is a small town located in the state of Illinois. It has a population of approximately 1,000 people and is known for its affordable housing options and low living costs. The average 2 bedroom rent in Clifton, IL is $770 which is well below the US average 2 bedroom rent of $1,430. In addition to low rents, the grocery cost index in Clifton, IL is also well below the US average at 94 compared to 100. This means that groceries are significantly less expensive in Clifton than in many other parts of the country. Some local businesses in Clifton are The Country Cupboard restaurant, G&G's Corner Store and Grocery, and Country Farm Equipment Sales & Service.

Clifton has an unemployment rate of 5.6%. The US average is 6.0%.

Clifton 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 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Clifton
- The Sales Tax Rate for Clifton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Clifton 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 Clifton
- The average income of a Clifton resident is $25,842 a year. The US average is $28,555 a year.
- The Median household income of a Clifton resident is $83,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClifton, IllinoisUnited States
  5.66
  -7.7%-6.2%
  27.3%33.5%
  6.5%6.2%
  5.0%4.6%
  $35,806$37,638
  $83,438$69,021
  $104,688$85,028
  Population by Occupation
  3.3%1.2%
  0.8%0.5%
  8.2%6.8%
  15.8%10.0%
  5.9%2.5%
  6.2%11.0%
  4.0%4.8%
  0.0%0.8%
  0.3%1.9%
  2.2%4.7%
  0.5%1.9%
  5.9%7.6%
  0.0%0.1%
  0.5%4.2%
  13.0%9.3%
  18.8%14.0%
  1.1%2.1%
  6.7%7.0%
  2.7%4.8%
  4.1%4.7%
Health
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