Mazon, Illinois is a small town located in Grundy County with a population of less than 1000 people. Despite its size, Mazon offers many local amenities, including educational institutions such as Mazon-Verona-Kinsman Elementary School and several business establishments like Quaker Oats Company and Loaves & Fishes Food Pantry. With regards to cost of living, Mazon has an advantage when it comes to housing rent as the average price for two bedroom apartments is $1,160 compared to the US average of $1,430. Additionally, their grocery cost index is 97 versus 100 in the US, thus making it a cheaper place to buy food. All in all, Mazon is a great place to call home due its affordability and availability of services.
Mazon has an unemployment rate of 6.6%. The US average is 6.0%.
Mazon has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 25.6%, which is lower than the US average of 33.5%.
Tax Rates for Mazon
- The Sales Tax Rate for Mazon is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Mazon 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 Mazon
- The average income of a Mazon resident is $25,895 a year. The US average is $28,555 a year.
- The Median household income of a Mazon resident is $62,935 a year. The US average is $69,021 a year.