Iroquois, IL is a beautiful and vibrant community located in the north central part of Illinois. With an affordable cost of living, it is an attractive destination for individuals and families alike. The 2 Bedroom Rent is $670, which is significantly lower than the national average rent of $1,430. Additionally, the Grocery Cost Index in Iroquois is 90 versus 100 in the US, meaning groceries are even more affordable here. There are several local companies and attractions to explore in Iroquois such as Red Earth Farms, a family-owned organic farm that offers tours and activities throughout the year; Country Mercantile Gift Store, a family-run shop with unique gifts and home decor; and Iroquois County Conservation District offering fishing ponds, hiking trails and campground access.
Iroquois has an unemployment rate of 5.6%. The US average is 6.0%.
Iroquois has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Iroquois
- The Sales Tax Rate for Iroquois is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Iroquois 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 Iroquois
- The average income of a Iroquois resident is $26,501 a year. The US average is $28,555 a year.
- The Median household income of a Iroquois resident is $61,458 a year. The US average is $69,021 a year.