Emden, IL is a small town located in the state of Illinois. With a population around 600, it’s a rural community that has its own unique charm. The average rent for a two-bedroom apartment in Emden is $870 which is much lower than the national average of $1,430. The grocery cost index in Emden is 93 compared to the US average of 100 making groceries more affordable as well.
The town of Emden also has many local companies including Gillenwater Brothers Farms which produces organic fruits and vegetables, Holstein Seed Company which produces high quality seed corn for farmers and LXB Logistics which provides freight services and other solutions to businesses.
Overall, Emden has an affordable cost of living with cheap rent and groceries as well as local businesses that provide many job opportunities for residents.
Emden has an unemployment rate of 5.2%. The US average is 6.0%.
Emden has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Emden
- The Sales Tax Rate for Emden is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Emden 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 Emden
- The average income of a Emden resident is $25,891 a year. The US average is $28,555 a year.
- The Median household income of a Emden resident is $56,458 a year. The US average is $69,021 a year.