Cortland town, IL is a great place to live in with various amenities and locations. It is a great area for people looking to rent as the 2 bedroom rent is very affordable at $1,440 which is slightly lower than the US average of $1,430. In addition, Cortland town has an index cost of 97 versus the US average 100 meaning groceries are generally cheaper in Cortland town. There are many local companies such as Downtown Automotive Group, Hillcrest Veterinary Clinic, and Eller Real Estate that contribute to the economy of Cortland town. These businesses provide jobs to its residents while also providing goods and services to its people. I find Cortland town to be an ideal place for living as it offers amenities and affordability not seen elsewhere.
Cortland has an unemployment rate of 6.3%. The US average is 6.0%.
Cortland has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Cortland
- The Sales Tax Rate for Cortland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cortland 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 Cortland
- The average income of a Cortland resident is $34,175 a year. The US average is $37,638 a year.
- The Median household income of a Cortland resident is $72,431 a year. The US average is $69,021 a year.