Edinburg, IL Economy


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Edinburg, IL is a great place to live for those looking for a more affordable lifestyle. Renting a two bedroom home costs only $830 per month, which is significantly less than the national average of $1,430 per month. Groceries are also very reasonable at 93 on the cost index versus 100 in the US. Furthermore, there are many local companies in Edinburg that offer jobs and opportunities for advancement, such as ABC Manufacturing and XYZ Supplies. Living in Edinburg also comes with several benefits such as reduced stress from commuting due to its small size and access to nature since it's surrounded by forests and parks. There are plenty of opportunities to get involved in community activities as well, making it a great town to live and work in.

Edinburg has an unemployment rate of 6.3%. The US average is 6.0%.

Edinburg has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.

Tax Rates for Edinburg
- The Sales Tax Rate for Edinburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Edinburg 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 Edinburg
- The average income of a Edinburg resident is $27,454 a year. The US average is $28,555 a year.
- The Median household income of a Edinburg resident is $61,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdinburg, IllinoisUnited States
  6.36
  -9.8%-6.2%
  12.9%33.5%
  7.3%6.2%
  5.0%4.6%
  $31,343$37,638
  $61,250$69,021
  $92,821$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  4.6%6.8%
  5.1%10.0%
  3.3%2.5%
  8.8%11.0%
  3.2%4.8%
  2.5%0.8%
  6.9%1.9%
  2.6%4.7%
  0.0%1.9%
  0.7%7.6%
  0.0%0.1%
  6.9%4.2%
  4.0%9.3%
  8.3%14.0%
  1.4%2.1%
  12.5%7.0%
  9.7%4.8%
  16.5%4.7%
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