Glasford, IL is a small town located in central Illinois known for its quaint atmosphere and friendly locals. The two bedroom rent in Glasford is significantly lower than the national average of $1,430, coming in at only $880 per month. Furthermore, many people find Glasford to be a desirable place to live due to the low grocery cost index which is 94 compared to the US's index of 100. This means that groceries are even cheaper in Glasford than the national average. Popular local businesses include the Glasford Inn, Everyday Diner, and Butcher & Bakery Shop. Additionally there are also some great parks and recreational areas such as Southside Park and Maple Bluff Nature Preserve. All these factors make Glasford an attractive place to live both economically and aesthetically.
Glasford has an unemployment rate of 8.2%. The US average is 6.0%.
Glasford has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 17.6%, which is lower than the US average of 33.5%.
Tax Rates for Glasford
- The Sales Tax Rate for Glasford is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Glasford 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 Glasford
- The average income of a Glasford resident is $33,189 a year. The US average is $37,638 a year.
- The Median household income of a Glasford resident is $71,477 a year. The US average is $69,021 a year.