Columbus, IL Economy


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Columbus, IL is a great city to consider if you are looking for an affordable place to live. The two bedroom rent in Columbus is $850, which is almost half of the national average of $1,430. Additionally, the Grocery Cost Index in Columbus is 93 compared to 100 in the US.
Local businesses include Rocco’s Pizza & Pub, Pizza Man Restaurant & Supper Club, Kelleher’s Irish Pub & Eatery and the 7-11 convenience store. Local schools include St Peter’s Lutheran School and Columbus Christian Academy. Attractions include Cavalry Catholic Cemetery and the Cushing Park Duck Pond. The city also hosts annual events like “Cavalry Day” and “Lights on the Square”.

Columbus has an unemployment rate of 4.4%. The US average is 6.0%.

Columbus has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus 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 Columbus
- The average income of a Columbus resident is $14,276 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $75,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbus, IllinoisUnited States
  4.46
  -6.3%-6.2%
  28.6%33.5%
  6.5%6.2%
  5.0%4.6%
  $28,625$37,638
  $75,000$69,021
  $97,083$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.5%6.8%
  6.0%10.0%
  13.4%2.5%
  13.4%11.0%
  9.0%4.8%
  0.0%0.8%
  7.5%1.9%
  1.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  19.4%9.3%
  14.9%14.0%
  0.0%2.1%
  9.0%7.0%
  1.5%4.8%
  0.0%4.7%
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