McNabb, IL is a small town located in the state of Illinois. It is known for its low cost of living, with 2 bedroom rent being only $810 compared to the US average of $1,430. The Grocery Cost Index in McNabb is 95, which is lower than the index number of 100 in the US. This makes it an attractive option for those who are looking for an affordable place to live.
McNabb has several local businesses that contribute to its economy including a farmers' market, restaurants, and retail stores. There is also a variety of activities available such as fishing, camping and hiking in the nearby parks and forests. The town has a strong sense of community and offers residents many opportunities to get involved with events such as street fairs and festivals.
Overall, McNabb offers an excellent quality of life at an affordable rate. With its low rent prices, grocery costs index, and thriving local businesses it provides residents with a comfortable lifestyle without breaking their budget.
McNabb has an unemployment rate of 6.2%. The US average is 6.0%.
McNabb has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for McNabb
- The Sales Tax Rate for McNabb is 6.3%. The US average is 7.3%.
- The Income Tax Rate for McNabb 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 McNabb
- The average income of a McNabb resident is $26,621 a year. The US average is $28,555 a year.
- The Median household income of a McNabb resident is $74,500 a year. The US average is $69,021 a year.