Coyne Center, IL is a small town located in northwest Illinois with a population of approximately 500 people. It has a low cost of living compared to the US average, with two bedroom rent costing only $950 and grocery costs indexing at 95 versus 100 nationally. In terms of local businesses, Coyne Center has something for everyone. There are a few restaurants like The Big Cheese pizzeria and Buck's Diner as well as a clothing store called Fashionista Outlet. Additionally, there is an auto repair shop called Ted's Garage for those who need car repairs or maintenance work done.
Coyne Center has an unemployment rate of 6.6%. The US average is 6.0%.
Coyne Center has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Coyne Center
- The Sales Tax Rate for Coyne Center is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Coyne Center 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 Coyne Center
- The average income of a Coyne Center resident is $24,411 a year. The US average is $28,555 a year.
- The Median household income of a Coyne Center resident is $107,212 a year. The US average is $69,021 a year.