Lee, IL is a small town located in western Illinois. It has a population of around 7,000 people and boasts several local businesses such as Lee Hardware & Supply Company, Nelson's Theatres LLC, and Tom's Tire Service Inc. Lee is an affordable place to live with the average 2 bedroom rent being around $1,000 compared to the US average of $1,430. Additionally the Grocery Cost Index in Lee is 94 versus 100 in the US. This demonstrates that overall Lee provides an affordable cost of living for residents who want to enjoy all the small town charm it has to offer.
Lee has an unemployment rate of 5.2%. The US average is 6.0%.
Lee has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Lee
- The Sales Tax Rate for Lee is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Lee 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 Lee
- The average income of a Lee resident is $28,862 a year. The US average is $37,638 a year.
- The Median household income of a Lee resident is $67,500 a year. The US average is $69,021 a year.