Grafton, IL is a small city located along the banks of the Mississippi River in Jersey County. It is an ideal place to live for those looking for a less expensive alternative to big city living. The average two-bedroom rental rate in Grafton is $840, significantly lower than the U.S. average of $1,430. Additionally, the Grocery Cost Index in Grafton is 96, compared to 100 in the U.S., making groceries more affordable as well.
Grafton offers plenty of activities for its residents including several local businesses such as Piasa Harbor Marina and Grafton Winery & Brewhaus which offer dining options and entertainment venues. There are also many outdoor activities thanks to parks like Pere Marquette State Park and Pere Marquette State Fish & Wildlife Area where visitors can fish, hunt, bike ride or stay overnight at one of their cabins or campgrounds. For art lovers there's the Art on The Square gallery showcasing over 60 Illinois artists with rotating exhibits year round. With so much to do and cost of living being inexpensive compared to other areas across the country, Grafton is definitely worth considering when looking for a place to call home.
Grafton has an unemployment rate of 4.7%. The US average is 6.0%.
Grafton has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Grafton
- The Sales Tax Rate for Grafton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Grafton 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 Grafton
- The average income of a Grafton resident is $28,700 a year. The US average is $28,555 a year.
- The Median household income of a Grafton resident is $81,250 a year. The US average is $69,021 a year.