De Witt, IL is a quaint community located in the DeWitt County. This small city has many businesses such as Walmart, Hy-Vee Food Store, Casey's General Store, Aldi, and Piggly Wiggly. The median 2 bedroom rent rate is $680 per month compared to the US average of $1,430; making De Witt an ideal place for affordable living. Groceries cost at an index of 94 in De Witt versus 100 in the US on average; therefore groceries are more budget-friendly than most other places. All in all, De Witt is an excellent place to live due to its low cost of living.
De Witt has an unemployment rate of 5.4%. The US average is 6.0%.
De Witt has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for De Witt
- The Sales Tax Rate for De Witt is 6.8%. The US average is 7.3%.
- The Income Tax Rate for De Witt 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 De Witt
- The average income of a De Witt resident is $21,813 a year. The US average is $28,555 a year.
- The Median household income of a De Witt resident is $55,938 a year. The US average is $69,021 a year.