East Galesburg, IL is a great place to live due to its low cost of living. The average 2 bedroom rent is only $700, compared to the US average of $1,430. Similarly, the Grocery Cost Index in East Galesburg is 92 compared to 100 in the US. This means that groceries are significantly cheaper in East Galesburg than they are nationally. Furthermore, East Galesburg has a number of local businesses which can provide jobs and opportunities for those looking to make their home here. Companies such as Coop’s Home Center and The Village Butcher serve residents with quality products at a fraction of the price charged at big box stores. In addition, it's rich history makes it a great destination for people looking to explore something new and unique. All together this makes East Galesburg an ideal place for anyone looking for a low cost of living with plenty of job opportunities and cultural attractions available.
East Galesburg has an unemployment rate of 7.5%. The US average is 6.0%.
East Galesburg has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for East Galesburg
- The Sales Tax Rate for East Galesburg is 8.8%. The US average is 7.3%.
- The Income Tax Rate for East Galesburg 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 East Galesburg
- The average income of a East Galesburg resident is $25,806 a year. The US average is $28,555 a year.
- The Median household income of a East Galesburg resident is $65,703 a year. The US average is $69,021 a year.