Kilbourne, IL is a small town located in Madison County. The rent for a two bedroom apartment is much lower than the US average at $680, which draws many people looking for affordable housing. Additionally, Kilbourne is known for its low grocery cost index of 89 compared to 100 in the US. This makes it particularly attractive for those living on a budget. Some of the local businesses include Kilbourne Auto Repair, JD Masonry & Construction LLC, and Jim's Hometown Diner. Although living costs are lower here compared to other nearby towns and cities, residents can still expect access to reliable services and amenities.
Kilbourne has an unemployment rate of 6.3%. The US average is 6.0%.
Kilbourne has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Kilbourne
- The Sales Tax Rate for Kilbourne is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kilbourne 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 Kilbourne
- The average income of a Kilbourne resident is $18,004 a year. The US average is $28,555 a year.
- The Median household income of a Kilbourne resident is $35,179 a year. The US average is $69,021 a year.