Illiopolis is a small town located in Central Illinois with an estimated population of about 1,800 people. The cost of living in Illiopolis is lower than the US average, with two-bedroom rent averaging at $890 per month compared to the US national average of $1,430. Grocery costs are also more affordable in Illiopolis, with their grocery cost index at 92 versus 100 for the US. The city offers many local businesses and amenities, such as Illiopolis Auto Repair and Illiopolis Drive In Theater. There is also a historic downtown area that hosts several events throughout the year such as farmers markets and festivals. With its low cost of living and numerous local businesses and attractions, Illiopolis is an appealing place to live.
Illiopolis has an unemployment rate of 6.3%. The US average is 6.0%.
Illiopolis has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Illiopolis
- The Sales Tax Rate for Illiopolis is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Illiopolis 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 Illiopolis
- The average income of a Illiopolis resident is $22,971 a year. The US average is $28,555 a year.
- The Median household income of a Illiopolis resident is $62,143 a year. The US average is $69,021 a year.