Hull, IL Economy


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United States / Illinois / No Metro Area / Pike County / Hull / Zip Codes
Hull, IL is a small town located in North Central Illinois with a population of just over 2,200 people. It is a great place to live for those who want to escape the hustle and bustle of big city life. The cost of living in Hull is low, with an average two bedroom rental rate of $710 per month. Additionally, the local grocery cost index is much lower than the national average at 90 versus 100. Despite its small size there are plenty of things to do in Hull, such as visiting the local Yost Park or taking a tour of the Tri-Community Museum. There are also many popular local businesses such as The Old Dutchman Restaurant & Bar and The Winery at Wilcox that provide great services and food for locals and visitors alike.

Hull has an unemployment rate of 4.8%. The US average is 6.0%.

Hull 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 13.7%, which is lower than the US average of 33.5%.

Tax Rates for Hull
- The Sales Tax Rate for Hull is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Hull 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 Hull
- The average income of a Hull resident is $18,741 a year. The US average is $28,555 a year.
- The Median household income of a Hull resident is $51,531 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHull, IllinoisUnited States
  4.86
  -6.2%-6.2%
  13.7%33.5%
  7.8%6.2%
  5.0%4.6%
  $25,242$37,638
  $51,531$69,021
  $62,500$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  6.9%6.8%
  14.2%10.0%
  5.0%2.5%
  10.0%11.0%
  2.3%4.8%
  0.8%0.8%
  5.8%1.9%
  5.4%4.7%
  3.5%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.7%9.3%
  25.4%14.0%
  0.8%2.1%
  2.3%7.0%
  7.3%4.8%
  1.9%4.7%
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