Jonesboro, IL is a small and quaint town in the US that offers an affordable living. The average rent for a two bedroom house in Jonesboro, IL is $840, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index is 93 as compared to the national standard of 100. This shows that people living in Jonesboro can save on their groceries when compared to other areas in the US. Some local companies that are based in or near Jonesboro include Walmart, McDonalds and RedLine Dodge Ram Chrysler Jeep. These businesses offer employment opportunities to residents of Jonesboro and help contribute to its economy.
Jonesboro has an unemployment rate of 6.7%. The US average is 6.0%.
Jonesboro has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Jonesboro
- The Sales Tax Rate for Jonesboro is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Jonesboro 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 Jonesboro
- The average income of a Jonesboro resident is $24,373 a year. The US average is $37,638 a year.
- The Median household income of a Jonesboro resident is $52,598 a year. The US average is $69,021 a year.