Herrin, IL is a great place to live for those who need an affordable lifestyle. It has a 2 bedroom rent rate of $880 compared to the US average of $1,430 and a grocery cost index of 91 versus 100 in the US. This makes it easier for individuals and families to stretch their budget. Herrin is home to many local companies such as Herrin Manufacturing Services, M Lazy C Ranch, and Webber Electric Inc., that provide employment opportunities for residents. With its low cost of living, Herrin is ideal for anyone looking to save some money while still having all the amenities one could need in a city.
Herrin has an unemployment rate of 6.2%. The US average is 6.0%.
Herrin has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Herrin
- The Sales Tax Rate for Herrin is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Herrin 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 Herrin
- The average income of a Herrin resident is $23,228 a year. The US average is $28,555 a year.
- The Median household income of a Herrin resident is $46,879 a year. The US average is $69,021 a year.