Metcalf, IL is a small town located in central Illinois. It has a population of around 1,500 people and offers affordable living with two bedroom rent being only $630 compared to the US average of $1,430. Additionally, groceries are also less expensive here with a grocery cost index of 85 versus 100 in the US. Metcalf is home to various local businesses such as Don's Hardware Store, Metcalf Community Gardens & Greenhouse, and the Mom & Pop Restaurant. All these companies contribute to making Metcalf an inviting and welcoming place for locals and visitors alike.
Metcalf has an unemployment rate of 4.5%. The US average is 6.0%.
Metcalf has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Metcalf
- The Sales Tax Rate for Metcalf is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Metcalf 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 Metcalf
- The average income of a Metcalf resident is $16,312 a year. The US average is $28,555 a year.
- The Median household income of a Metcalf resident is $46,696 a year. The US average is $69,021 a year.