Exeter, IL is a small town located in Central Illinois. It has a low cost of living with an average 2 bedroom rent of $720 compared to the national average of $1,430. Grocery costs are also lower in Exeter at only 93 on the index compared to the US rate of 100. Businesses in Exeter include Hubner Seed Company, Travis Lee Farms, Shaner Oil Company, Tri-County Electric Cooperative and the Exeter Area Public Library. These local businesses provide jobs and services that support the community and help make up for the lack of bigger chain stores in town.
Exeter has an unemployment rate of 6.0%. The US average is 6.0%.
Exeter has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Exeter
- The Sales Tax Rate for Exeter is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Exeter 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 Exeter
- The average income of a Exeter resident is $24,515 a year. The US average is $28,555 a year.
- The Median household income of a Exeter resident is $50,000 a year. The US average is $69,021 a year.