Kinderhook, IL is a small town located in Buffalo Township in McDonough County. It has only a few businesses, such as The Family Grocery Store, Schmiesing's Meat Market and Kinderhook Hardware Store. Despite its size, Kinderhook has an impressive cost of living index that is 8 percent lower than the national average. For example, the median 2-bedroom rent in Kinderhook is $700 per month while the US median rent for 2 bedrooms is $1,430. Additionally, the grocery cost index in Kinderhook is 92 compared to the 100 mark for the national average.
Kinderhook has an unemployment rate of 4.8%. The US average is 6.0%.
Kinderhook has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 13.7%, which is lower than the US average of 33.5%.
Tax Rates for Kinderhook
- The Sales Tax Rate for Kinderhook is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Kinderhook 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 Kinderhook
- The average income of a Kinderhook resident is $18,674 a year. The US average is $28,555 a year.
- The Median household income of a Kinderhook resident is $68,393 a year. The US average is $69,021 a year.