Mill Creek, IL Economy


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United States / Illinois / No Metro Area / Union County / Mill Creek / Zip Codes
Mill Creek, IL is a small town that offers its residents a unique blend of affordability and quality of life. The average rent for two-bedroom apartments in Mill Creek is only $630 per month, significantly lower than the national average rent of $1,430. Additionally, the Grocery Cost Index in Mill Creek is 96 versus 100 in the US - making it an affordable place to live and shop for groceries.
Mill Creek has a few local companies that make living and working convenient for its residents; some of these include Rettig's Food Center, Quality Auto Repair & Towing, Flesor's Candy Kitchen, and Mill Creek Country Store. These businesses contribute to the small-town atmosphere while providing high-quality services to those living in Mill Creek. The overall cost of living in Mill Creek is incredibly low due to its affordable housing prices as well as its Grocery Cost Index which makes shopping more economical.

Mill Creek has an unemployment rate of 6.7%. The US average is 6.0%.

Mill Creek has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.

Tax Rates for Mill Creek
- The Sales Tax Rate for Mill Creek is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mill Creek 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 Mill Creek
- The average income of a Mill Creek resident is $18,558 a year. The US average is $37,638 a year.
- The Median household income of a Mill Creek resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMill Creek, IllinoisUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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