Iuka, IL Economy


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Iuka, IL is a small city with plenty of charm. Rent for a two-bedroom apartment is much lower than the national average at only $710. The Grocery Cost Index in Iuka is also significantly lower than the US average at 93 versus 100. With the low cost of living and easy access to nearby attractions, there's something for everyone in Iuka. Popular local attractions include Eagle Creek Park, which features hiking trails, bird watching areas, picnic facilities and more; historic downtown Iuka; and local business such as Studio 28 Boutique & More, Downtown Saloon Bar & Grill, and Bill & Helen's Drive-In Restaurant. Whether you're looking to enjoy nature or explore the unique shops and restaurants downtown, Iuka has something for you.

Iuka has an unemployment rate of 6.2%. The US average is 6.0%.

Iuka 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 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Iuka
- The Sales Tax Rate for Iuka is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Iuka 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 Iuka
- The average income of a Iuka resident is $18,823 a year. The US average is $28,555 a year.
- The Median household income of a Iuka resident is $43,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIuka, IllinoisUnited States
  6.26
  -8.5%-6.2%
  25.0%33.5%
  6.5%6.2%
  5.0%4.6%
  $19,353$37,638
  $43,021$69,021
  $60,625$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  13.9%6.8%
  25.0%10.0%
  5.6%2.5%
  10.0%11.0%
  3.3%4.8%
  0.6%0.8%
  4.4%1.9%
  1.7%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  2.2%4.2%
  6.1%9.3%
  11.1%14.0%
  1.1%2.1%
  6.1%7.0%
  0.0%4.8%
  3.3%4.7%
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