Kappa, IL Economy


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Kappa, IL is a small town with lots of charm and character. It's populated by friendly people and is home to an array of businesses including Café Kappa, Kappa Paper Products, and Kappa Grocers. The cost of living in Kappa, IL is significantly lower than the US average – rent for a two-bedroom apartment here is $920 while it’s $1,430 in the US. Plus, the grocery cost index in Kappa is 95 versus 100 in the US. This makes it an attractive place for those who want to stretch their budgets further without sacrificing great quality of life.

Kappa has an unemployment rate of 4.5%. The US average is 6.0%.

Kappa has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Kappa
- The Sales Tax Rate for Kappa is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kappa 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 Kappa
- The average income of a Kappa resident is $37,080 a year. The US average is $28,555 a year.
- The Median household income of a Kappa resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKappa, IllinoisUnited States
  4.56
  -7.6%-6.2%
  20.8%33.5%
  8.3%6.2%
  5.0%4.6%
  $43,525$37,638
  $73,750$69,021
  $100,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.8%6.8%
  6.9%10.0%
  0.0%2.5%
  20.8%11.0%
  3.8%4.8%
  0.0%0.8%
  0.0%1.9%
  15.4%4.7%
  3.1%1.9%
  1.5%7.6%
  0.0%0.1%
  6.2%4.2%
  3.8%9.3%
  16.2%14.0%
  6.2%2.1%
  1.5%7.0%
  9.2%4.8%
  4.6%4.7%
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