Fairfield, IL is a small town located in Southern Illinois with a population of around 4,400 people. The cost of living in Fairfield is considerably lower than the averages in the US. For instance, rent for a two-bedroom apartment or house here is only $790 compared to $1,430 on average across the country. Similarly, grocery costs are 92 versus 100 on average in the US.
Due to its small size, there aren’t many large corporate employers in Fairfield and most residents work at local businesses such as Arlen Super Cleaners, Fairfield Family Medical Center and PJP Meats Inc. There are also many small mom & pop stores that provide services like plumbing, auto repair and home improvement. Overall, Fairfield is an affordable place to live with a pleasant quality of life; it offers everything one needs without being too expensive.
Fairfield has an unemployment rate of 5.4%. The US average is 6.0%.
Fairfield has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 6.2%, which is lower than the US average of 33.5%.
Tax Rates for Fairfield
- The Sales Tax Rate for Fairfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairfield 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 Fairfield
- The average income of a Fairfield resident is $25,168 a year. The US average is $37,638 a year.
- The Median household income of a Fairfield resident is $42,083 a year. The US average is $69,021 a year.