Hidalgo, IL is a great place to live and work. Its cost of living is quite low compared to other places in the United States. The average two bedroom rent for Hidalgo is only $740, which is significantly lower than the US average of $1,430. Additionally, grocery costs are also relatively inexpensive, with an index score of 93 versus 100 in the US.
Hidalgo offers a range of exciting entertainment options and local companies. It's home to several popular restaurants like Chick-Fil-A and Noodles & Company as well as outdoor recreational spots like Starved Rock State Park and White Eagle Golf Club. There are also plenty of opportunities for shopping around town, including stores such as Kohl’s and Dick’s Sporting Goods. Hidalgo is an ideal location for those looking for a laid back lifestyle at an affordable price.
Hidalgo has an unemployment rate of 5.2%. The US average is 6.0%.
Hidalgo has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Hidalgo
- The Sales Tax Rate for Hidalgo is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Hidalgo 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 Hidalgo
- The average income of a Hidalgo resident is $25,119 a year. The US average is $28,555 a year.
- The Median household income of a Hidalgo resident is $45,714 a year. The US average is $69,021 a year.