Foosland, IL Economy


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Foosland, IL is an attractive city for those looking to move to a more affordable area. The two bedroom rent is about $880 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index is 96 compared to the US average of 100, making Foosland an ideal choice for budget-conscious families and individuals. Foosland also has a wide variety of businesses ranging from large companies such as Walmart and Target to local stores like Vintage Boutique and Joes Coffee House. There are plenty of opportunities here for people who wish to find employment or start their own business.

Foosland has an unemployment rate of 5.0%. The US average is 6.0%.

Foosland has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Foosland
- The Sales Tax Rate for Foosland is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Foosland 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 Foosland
- The average income of a Foosland resident is $16,706 a year. The US average is $28,555 a year.
- The Median household income of a Foosland resident is $53,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoosland, IllinoisUnited States
  56
  -4.0%-6.2%
  30.2%33.5%
  7.5%6.2%
  5.0%4.6%
  $28,457$37,638
  $53,250$69,021
  $86,250$85,028
  Population by Occupation
  8.3%1.2%
  0.0%0.5%
  16.7%6.8%
  8.3%10.0%
  0.0%2.5%
  8.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  16.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  16.7%9.3%
  8.3%14.0%
  0.0%2.1%
  0.0%7.0%
  16.7%4.8%
  0.0%4.7%
Health
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