Fults, IL Economy


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Fults, IL is a small town located in Madison County. It is known for its relaxed atmosphere and low cost of living. The median rent for a 2 bedroom apartment in Fults is $1,000 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Fults is equal to the national average at 100. Local popular companies found in Fults include Snazzi Pizzeria which offers quality Italian food, DaVincis Coffee Shop which provides freshly brewed coffee and specialty drinks, and Elenas Cleaning Service which helps keep local homes spotless. All of these businesses provide excellent customer service and make life better for the residents of Fults.

Fults has an unemployment rate of 3.3%. The US average is 6.0%.

Fults 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 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Fults
- The Sales Tax Rate for Fults is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Fults 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 Fults
- The average income of a Fults resident is $29,709 a year. The US average is $37,638 a year.
- The Median household income of a Fults resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFults, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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