Leaf River, IL is a small town located in Ogle County with a population of around 1,000 people. Its cost of living is quite low compared to the US average, with 2 Bedroom Rent being $1,000 compared to the US average of $1,430 and a Grocery Cost Index of 92 versus 100 in the US. The town has some local companies such as Leaf River Machine Company, Leaf River Lawn Care and Maintenance, and Leaf River Tank & Pipe Cleaning Co. All these companies have been part of the community for many years and offer quality services to the locals.
Leaf River has an unemployment rate of 6.3%. The US average is 6.0%.
Leaf River has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Leaf River
- The Sales Tax Rate for Leaf River is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Leaf River 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 Leaf River
- The average income of a Leaf River resident is $16,885 a year. The US average is $28,555 a year.
- The Median household income of a Leaf River resident is $62,778 a year. The US average is $69,021 a year.