Metamora, IL is an ideal place to call home. It has a lower cost of living than the US average, with rent for a two bedroom apartment being $1,020 compared to the US average of $1,430. Additionally, its Grocery Cost Index is 99 compared to 100 in the US. This makes it an attractive destination for those seeking value on their money. Metamora is home to many businesses such as F&K Construction Inc., Metamora State Bank, Metamora Physical Therapy & Wellness Center and METRO Office Interiors. These companies have provided services and jobs for residents of the area for many years and are an integral part of local life.
Metamora has an unemployment rate of 4.5%. The US average is 6.0%.
Metamora has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Metamora
- The Sales Tax Rate for Metamora is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Metamora 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 Metamora
- The average income of a Metamora resident is $27,079 a year. The US average is $28,555 a year.
- The Median household income of a Metamora resident is $80,325 a year. The US average is $69,021 a year.