Matherville, IL is a small town in the Midwest located near the Rock River. It is known for its scenic views and bustling downtown core. The cost of living in Matherville is quite affordable, with two bedroom rental rates being $840 compared to the national average of $1,430. Additionally, grocery costs in Matherville are 7 percent lower than those in the US as a whole. There are several local companies and attractions that make Matherville a vibrant community. For instance, there is a variety of restaurants such as T's Place which offer up classic American cuisine as well as unique desserts. Moreover, popular attractions include The Rock River Nature Center where visitors can explore different natural habitats and see various species of birds and mammals in their natural environment.
Matherville has an unemployment rate of 6.4%. The US average is 6.0%.
Matherville 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 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Matherville
- The Sales Tax Rate for Matherville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Matherville 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 Matherville
- The average income of a Matherville resident is $23,056 a year. The US average is $28,555 a year.
- The Median household income of a Matherville resident is $70,417 a year. The US average is $69,021 a year.