Greenup, IL is a small, rural community located in central Illinois. The cost of living here is much lower than the US average. For example, the rent for a two bedroom apartment can be as low as $760 compared to the national average of $1,430. Additionally, the Grocery Cost Index of 92 in Greenup is 8 points lower than the US average. The town is also home to many local businesses like Greenup Family Hardware and Barren Creek BBQ which are popular among residents of this cozy community. Overall, with its low cost of living and abundance of local businesses, it’s no wonder why so many people choose to make their home here in Greenup, IL.
Greenup has an unemployment rate of 5.0%. The US average is 6.0%.
Greenup has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Greenup
- The Sales Tax Rate for Greenup is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Greenup 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 Greenup
- The average income of a Greenup resident is $18,296 a year. The US average is $28,555 a year.
- The Median household income of a Greenup resident is $57,656 a year. The US average is $69,021 a year.