Mechanicsburg, IL Economy


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Mechanicsburg, IL is a convenient and affordable place to live. The average 2 bedroom rent is $820 compared to the US average of $1,430 making it an attractive option for those looking for housing. The Grocery Cost Index in Mechanicsburg is 94 versus 100 in the US so groceries can be bought at reasonable prices. The town has a variety of local businesses including Johnson's Bakery, Hemsworth Auto Parts, and Smith's Hardware. These companies provide essential items to the community and employ many local residents.

Mechanicsburg has an unemployment rate of 6.3%. The US average is 6.0%.

Mechanicsburg has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Mechanicsburg
- The Sales Tax Rate for Mechanicsburg is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Mechanicsburg 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 Mechanicsburg
- The average income of a Mechanicsburg resident is $22,630 a year. The US average is $28,555 a year.
- The Median household income of a Mechanicsburg resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMechanicsburg, IllinoisUnited States
  6.36
  -7.4%-6.2%
  22.7%33.5%
  6.3%6.2%
  5.0%4.6%
  $37,463$37,638
  $70,000$69,021
  $123,125$85,028
  Population by Occupation
  0.0%1.2%
  1.7%0.5%
  9.0%6.8%
  11.9%10.0%
  8.3%2.5%
  8.3%11.0%
  6.3%4.8%
  0.6%0.8%
  0.0%1.9%
  7.1%4.7%
  1.9%1.9%
  1.3%7.6%
  0.0%0.1%
  4.4%4.2%
  2.1%9.3%
  11.3%14.0%
  1.5%2.1%
  3.8%7.0%
  4.6%4.8%
  16.3%4.7%
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