Gilman, IL is a small town located in Illinois with many amenities. It is known for its affordable housing, as the average two-bedroom rent in Gilman is only $770 compared to the US average of $1,430. Similarly, the cost of groceries in Gilman is 92 on an index scale where 100 represents the US average. This makes it an attractive location for those seeking to save money on living costs. Gilman also offers a variety of local businesses for residents to explore. Some notable companies include Primrose Pharmacy, Anderson & Associates Dental Clinic, and True Value Hardware Store. With low housing costs and diverse range of local businesses, Gilman is an ideal town for those looking to balance work and leisure without breaking their budget.
Gilman has an unemployment rate of 5.6%. The US average is 6.0%.
Gilman has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Gilman
- The Sales Tax Rate for Gilman is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Gilman 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 Gilman
- The average income of a Gilman resident is $18,828 a year. The US average is $28,555 a year.
- The Median household income of a Gilman resident is $61,705 a year. The US average is $69,021 a year.