Herrick, IL is a small town in Illinois with a population of less than 1,000 people. It is known for its peaceful atmosphere and affordable cost of living. 2 bedroom apartments can be rented for an average of $760 compared to the US average of $1,430. Grocery costs in Herrick are also lower than the national average with an index score of 91 compared to 100 in the US. Companies like Herrick Express bus service and G & S Construction provide jobs to local residents allowing them to enjoy a comfortable lifestyle without having to worry about breaking the bank. All in all, Herrick has great job opportunities and low-cost living that makes it an ideal place for those looking for a peaceful life while still having access to modern amenities.
Herrick has an unemployment rate of 4.8%. The US average is 6.0%.
Herrick has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Herrick
- The Sales Tax Rate for Herrick is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Herrick 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 Herrick
- The average income of a Herrick resident is $15,291 a year. The US average is $28,555 a year.
- The Median household income of a Herrick resident is $51,250 a year. The US average is $69,021 a year.