Compton, IL is a small town in the midwest that offers affordable living expenses and a peaceful environment. The average rent for a 2 bedroom apartment in Compton is $800 compared to the national average of $1,430, making it an attractive place for people on a budget, while the Grocery Cost Index in Compton is 94 versus the US index of 100. This makes running errands more affordable for residents of this town.
Despite being small, Compton has many local companies offering job opportunities such as NuWay Concrete Forms Inc., Shred-It USA Inc., Priester Aviation and The Aspen Group. There are also many small businesses and agricultural jobs available around town. With access to vast open spaces, nature-lovers can explore the outdoors at their leisure at nearby parks such as Governor Bond Lake and Timber Trail Park. The low cost of living combined with these amenities make Compton an ideal place to live for those seeking peace, tranquility and affordability.
Compton has an unemployment rate of 5.2%. The US average is 6.0%.
Compton 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 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Compton
- The Sales Tax Rate for Compton is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Compton 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 Compton
- The average income of a Compton resident is $24,021 a year. The US average is $28,555 a year.
- The Median household income of a Compton resident is $53,571 a year. The US average is $69,021 a year.