Manchester, IL Economy


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Manchester, IL is a small city located in Scott County in the state of Illinois. It is home to just over 4,000 people and has a median household income of $50,034. The cost of living in Manchester is very reasonable with average 2 bedroom rent at $690 compared to the US average of $1,430. The grocery cost index for Manchester is 92 versus the 100 average in the US. This makes it an affordable place to live for many families looking to save money.
Manchester has several local companies which include Manchester Family Dental, Ewald's Towing & Auto Repair, Mueller Plumbing & Heating Inc., and Swingers Bar & Grill. These businesses bring jobs and economic stability to the area as well as providing goods and services that help residents enjoy life in Manchester.

Manchester has an unemployment rate of 6.0%. The US average is 6.0%.

Manchester has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Manchester
- The Sales Tax Rate for Manchester is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Manchester 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 Manchester
- The average income of a Manchester resident is $24,886 a year. The US average is $28,555 a year.
- The Median household income of a Manchester resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManchester, IllinoisUnited States
  66
  -8.6%-6.2%
  20.2%33.5%
  7.3%6.2%
  5.0%4.6%
  $34,631$37,638
  $56,250$69,021
  $75,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.0%6.8%
  14.7%10.0%
  6.9%2.5%
  14.7%11.0%
  4.9%4.8%
  0.0%0.8%
  2.9%1.9%
  2.0%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  2.9%4.2%
  12.7%9.3%
  11.8%14.0%
  1.0%2.1%
  9.8%7.0%
  5.9%4.8%
  4.9%4.7%
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