Kinmundy, IL is a small town with a population of 1,745 located in Marion County. It is known for its low cost of living and affordability when it comes to renting an apartment, with two bedroom apartments costing only $710 a month compared to the national average of $1,430. Groceries here are also cheaper than other places in the US with the index score being 93 versus 100 nationally. The town also has many local businesses including Kinmundy Pharmacy, Kinmundy Auto Parts, and Kinmundy Health Center providing goods and services for the community.
Kinmundy has an unemployment rate of 6.2%. The US average is 6.0%.
Kinmundy has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Kinmundy
- The Sales Tax Rate for Kinmundy is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Kinmundy 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 Kinmundy
- The average income of a Kinmundy resident is $14,642 a year. The US average is $28,555 a year.
- The Median household income of a Kinmundy resident is $26,164 a year. The US average is $69,021 a year.