Hamel, IL is an idyllic town located in Madison County and is known for its affordable living costs. Rent on a two bedroom apartment is significantly lower than the US average at $970 a month. Grocery costs are also about 97 when compared to the national average of 100. Those looking to move to Hamel can enjoy several local services and businesses, such as Sweet Red Poppy Boutique, Madison County Historical Museum, Sycamore Hills Golf Course and Blume's Landscaping & Lawn Care.
Hamel has an unemployment rate of 5.4%. The US average is 6.0%.
Hamel has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.
Tax Rates for Hamel
- The Sales Tax Rate for Hamel is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Hamel 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 Hamel
- The average income of a Hamel resident is $28,848 a year. The US average is $28,555 a year.
- The Median household income of a Hamel resident is $72,000 a year. The US average is $69,021 a year.