Kempton, IL is an attractive city for anyone looking to live in an affordable and comfortable environment. The two bedroom rent in Kempton is $720, quite a bit lower than the US average of $1,430. This may be due to the fact that Kempton is a small city with a population of around 800 residents. Despite its size, Kempton has many local businesses that provide good services and products for people living there. Paramount Transport is a leading company in the town that provides transportation services to individuals and businesses. They have exceptional customer service and one of the most reliable fleets around. Another great option for residents of Kempton is Yoder’s Grocery Store which offers quality groceries at an affordable price. Thanks to their low grocery cost index of 90 versus 100 in the US, residents can get their food without going broke. These companies are just some examples of why living in Kempton can be so beneficial for individuals looking to save money without sacrificing comfort or convenience.
Kempton has an unemployment rate of 4.8%. The US average is 6.0%.
Kempton has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Kempton
- The Sales Tax Rate for Kempton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Kempton 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 Kempton
- The average income of a Kempton resident is $28,993 a year. The US average is $37,638 a year.
- The Median household income of a Kempton resident is $63,036 a year. The US average is $69,021 a year.