Damiansville, IL is an affordable place to live with a much lower cost of living when compared with the US. Rent for a two-bedroom in Damiansville is $870, significantly lower than the US average of $1,430. Beyond housing costs, groceries here are also more affordable with a Grocery Cost Index of 96 compared to 100 in the US. There are several local businesses that add to the charm of this small town such as The Doghouse Bakery, Johnson’s Produce Farm and The Old Bookstore Café. It’s no wonder why so many people choose Damiansville as their home!
Damiansville has an unemployment rate of 3.7%. The US average is 6.0%.
Damiansville 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 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Damiansville
- The Sales Tax Rate for Damiansville is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Damiansville 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 Damiansville
- The average income of a Damiansville resident is $25,172 a year. The US average is $28,555 a year.
- The Median household income of a Damiansville resident is $83,571 a year. The US average is $69,021 a year.