Kincaid, IL is a small town in Illinois with a population of about 3,500 people. The cost of living in Kincaid is relatively low compared to the national average; for example, the median two bedroom rent is only $720 compared to the US median rent of $1,430. Additionally, the Grocery Cost Index in Kincaid is 91 versus 100 in the US. There are many local companies and attractions available for residents of Kincaid. A few notable examples include the Richardson Meat Processing company, which produces quality meats for local restaurants and stores, and the Dolores Westfall Nature Park where visitors can enjoy a variety of outdoor activities such as fishing or bird watching. Kincaid is also home to several family-run businesses such as the Two J's Cafe and Bakery which offers freshly baked goods and delicious coffee. With its low cost of living and abundance of local businesses and attractions, Kincaid is an attractive place to live.
Kincaid has an unemployment rate of 6.3%. The US average is 6.0%.
Kincaid has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Kincaid
- The Sales Tax Rate for Kincaid is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kincaid 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 Kincaid
- The average income of a Kincaid resident is $20,902 a year. The US average is $28,555 a year.
- The Median household income of a Kincaid resident is $65,272 a year. The US average is $69,021 a year.